‘King’s Speech’ reigns with best-picture Oscar
"The King's Speech" was crowned best picture Sunday at an Academy Awards ceremony as precise as a state coronation. The monarchy drama won an expected four Oscars, and predictable favorites…
Pressure mounts as Kadhafi loses west Libya towns
NALUT: Pressure mounted Monday on Libyan leader Moamer Kadhafi after his opponents overran towns in his traditional western stronghold and world leaders called for him to end his iron-fisted rule.…
Thousands of Yemenis protest, unrest high in south
SANAA/ADEN: Tens of thousands of protesters demanding the end of President Ali Abdullah Saleh's 32-year rule of Yemen joined demonstrations on Monday, while skirmishes in the south killed three soldiers…
UN delegation discusses ‘critical transition’
CAIRO: A high level delegation from the UN held talks with Egypt’s foreign minister and other cabinet officials in three days of meetings. Lynn Pascoe, the UN Under Secretary…
Omani protesters block road to port after 6 die
SOHAR: Omani protesters demanding political reforms blocked roads to a main export port and refinery on Monday and a doctor said the death toll from clashes with police in the…
US supports ‘national dialogue’ in Bahrain, says Obama
WASHINGTON: President Barack Obama extended US support Sunday for a "national dialogue" in Bahrain, and said it should be "inclusive, non-sectarian and responsive" to the people of the Gulf kingdom.…
Egypt’s EDBE posts $23 mln July-Dec net profit
CAIRO: Export Development Bank of Egypt (EDBE) said consolidated net profit for the six months to end-December 2010 was LE 143.2 million. This was up from a previously stated LE…
Egypt T-bill yields rise at LE 5.5 bln auction
CAIRO: Average yields at an auction of LE 5.5 billion in domestic treasury bills rose on Sunday, and not all the bills initially offered were sold, the central bank said.…
Centamin Egypt says Sukari mine exports continue
LONDON: Centamin Egypt said it has received no notice from any Egyptian authorities regarding restricting gold exports from its Sukari mine and that production and exports from the project have…
Prosecutor bans Mubarak, family from travel
By Agencies CAIRO: Egypt's top prosecutor seized all the funds of ousted leader Hosni Mubarak and his family on Monday and banned them from travel abroad. Egypt's graft authority said…