Jan. 25 Youth Movement rejects cabinet reshuffle, demands new government
By Tamim Elyan CAIRO: The Jan. 25 Youth Movement said Monday that they refuse any reshuffles in the current interim government and demanded a new government made up of technocrats until…
Israel eyes Suez trip of Iran warships with worry
CAIRO: Iran's first attempt in decades to send warships through the Suez Canal into the Mediterranean on Europe's — and NATO's — southern flank could further destabilize the Middle East,…
Tourism rebound expected once safety guaranteed
CAIRO: With countries banning travel to Egypt unless absolutely necessary and over one million tourists and foreigners fleeing the country, the tourism industry has taken a severe hit in the…
Events in Tunisia, Egypt will have huge impact, says Moussa
MADRID: Popular uprisings in Tunisia and Egypt will have "enormous influence" on the Arab world, Arab League chief Amr Moussa said in an interview published Monday. "The winds of change…
Egypt would like EU debt cancelled: EU delegation
CAIRO: Egypt said it would like European Union states to cancel its debts to them but has not made a formal request, the EU's local delegation said on Monday, citing…
Makro’s Qaliubiya store re-opens after losing LE 15 mln
CAIRO: Wholesaler Makro reopened its Qaliubiya branch after losing LE 15 million when the store was looted in the first days of the revolution, according to a press statement. “Makro…
Wind Telecom unit gets commitments to refinance
CAIRO: Wind Telecom, the holding company of Egyptian telecoms tycoon Naguib Sawiris, said on Monday it had obtained "firm commitments" to refinance about €420 million ($575 million) of debt issued…
Egypt must manage workforce’s high expectations
CAIRO: When a housekeeper came to work in Cairo on Thursday, she had a dreamy look in her eyes. According to a calculation she had heard, if all the money…
Egyptian regulator says Jan trades should stand, bourse remains closed
CAIRO: There is no need to cancel Egypt stock market transactions that took place when the bourse was tumbling during political turmoil on Jan. 26 and 27, the country's financial…
Egyptian Museum reopens to intrepid tourists
CAIRO: Dozens of foreign tourists braved the revolution in Egypt on Sunday to visit the world's greatest collection of Pharaonic treasures and were welcomed with roses, as craftsmen meticulously mended…