Exporta explores North African trade potential
CAIRO: Recognizing North Africa as a thriving market of untapped opportunity, and one of the recent success stories within global trade, the third annual Exporta North Africa Trade and Investment…
At home in Indonesia, Obama reaches out to Muslims
JAKARTA: In the Muslim nation that was his boyhood home, President Barack Obama acknowledged Wednesday that US relations are still frayed with the Islamic world despite his best efforts at…
ElBaradei campaigners say assaulted by security in Alexandria
By Heba Fahmy CAIRO: Security forces assaulted three members of the campaign supporting former IAEA chief Mohamed ElBaradei in Alexandria on Monday while they were collecting signatures for his seven demands…
Aboul Gheit to meet Clinton Thursday in Washington
CAIRO: Foreign Minister Ahmed Aboul Gheit is meeting with US Secretary of State Hillary Clinton in Washington on Thursday to discuss the Middle East peace process and issues pertaining to…
Al Futtaim says to build Toyota assembly line in Egypt
CAIRO: Al Futtaim Group plans to build a Toyota assembly line, making it the first in the Egyptian market, an official said Tuesday. Robert Willett, the new CEO of Al…
Egypt inflation steady in October, rates seen on hold
CAIRO: Urban consumer inflation in Egypt remained unchanged in the year to October, a sign the central bank is unlikely to raise interest rates in December. Inflation in the 12…
Egypt MB chief warns of anger if election rigged
By AFP CAIRO: Egypt's opposition Muslim Brotherhood chief on Tuesday warned the government to "beware" of the people's anger if it rigs the results of a parliamentary poll this month…
EFG-Hermes completes Lebanese bank stake purchase
Egyptian investment bank EFG-Hermes said on Tuesday it had completed the acquisition of a 65 percent stake in Lebanon's privately owned Credit Libanais, it said in a statement. EFG-Hermes said…
Mubarak says parliament vote will be free
By AFP CAIRO: Egyptian President Hosni Mubarak gave the assurance on Wednesday that parliamentary elections this month will be free, a day after rights groups reported restrictions on the opposition…
Egyptian Resorts posts nine-month net loss
Real estate firm Egyptian Resorts posted a net loss on Wednesday of LE 8.7 million ($1.5 million) for the first nine months of 2010, as the firm has yet to…
