Egypt GASC buys 180,000 T US, Argentine soft wheat
Egypt, the world's largest wheat importer, has bought 180,000 tons of soft wheat from the United States and Argentina for March 1-10 shipment on a free on board basis, the…
Ministry of Health confiscates cancer drug from the market
CAIRO: Egypt’s Ministry of Health confiscated the Methotrexate drug from the market in the country due to defects found its manufacturing. “The ministry confiscated all the Methotrexate drugs available in…
Al-Qaeda threat on Iraq Christians linked to Egypt
CAIRO: The wives of two Egyptian Coptic priests, forbidden by the Church from divorcing their abusive husbands, desperately sought another way out by converting to Islam. When their intentions were…
How Egypt’s banks can profitably mitigate climate change
By Mohammed Taha Rafi As climate change takes center stage in the global and regional arenas, as well as here in Egypt, financial institutions can play a leadership role in our…
ANHRI condemns call to ban ‘678’ in movie theaters
CAIRO: The Arabic Network for Human Rights Information (ANHRI) condemned the complaint filed to the Prosecutor General calling for banning the movie “678” about sexual harassment, in a statement issued…
APICORP redirects investments into oil and gas sectors in MENA region
The Arab Petroleum Investments Corporation (APICORP), a multilateral development bank owned by the 10 member states of the Organization of Arab Petroleum Exporting Countries (OAPEC), announced its first divestment Tuesday,…
Giza appeals committee accepts Omraneya church demolition appeal
GIZA: A Giza appeals committee required on Monday that Al-Omraneya district administration present documents proving that the community center for the Virgin Mary and Archangel Michael Church falls under the…
Local banking sector looks to build on 2010’s momentum
CAIRO: Analysts are largely unanimous in their assessment that 2010 was solid year for the local Egyptian banking sector, as it posted healthy growth figures. This view contrasts sharply with…
What’s so good about America’s tax package?
By Martin Feldstein CAMBRIDGE: The tax package agreed to by President Barack Obama and his Republican opponents in the United States Congress represents the right mix of an appropriate short-run fiscal…
Suicide bombers kill four in Iraq police station
MOSUL: Two suicide bombers on Wednesday killed four policemen in a police station in the northern city of Mosul, including an officer who oversaw a deadly raid on militants, Iraqi…