Denmark, Sweden ease Egypt travel recommendations
COPENHAGEN, February 15, 2011 (AFP) - The Danish foreign ministry on Tuesday eased its recommendations for travel to Egypt, telling its citizens it was safe to visit the tourist resorts…
Britain eases Egypt travel advice
LONDON: Britain eased its travel advice for Egypt on Tuesday, saying it was no longer warning its citizens to leave Cairo, Alexandria and Suez. While London still advises against all…
Dubai telco du at 15-mth high on lower royalty
DUBAI: Dubai's du hit a 15-month high on Tuesday after the telecoms operator said it would pay lower-than-expected royalty fees, potentially doubling its 2010 post-tax profits. Du will pay a…
Egypt declares Wednesday, Thursday bank holidays
CAIRO: Egypt's central bank said the country's banks would remain closed on Wednesday and Thursday after having been closed on Monday because of strikes that had disrupted their operations, state…
CIB says its transfers abroad well below estimates
CAIRO: Egypt's Commercial International Bank transfers abroad were significantly below its forecasts, around 25 percent of the bank's expectations, the chairman of CIB said on Tuesday, without giving any figures.…
Central Auditing Agency says reports largely ignored, debt at LE 1.08 trillion
CAIRO: Central Auditing Agency (CAA) Chairman Gawdat El-Malt said on Monday that he sent around a thousand corruption reports to various government institutions from July 2004 to July 2010, but…
Egypt opposition needs time, or Islamists will win, says former Brotherhood member
By Tom Perry / Reuters CAIRO: The Muslim Brotherhood will be the only group in Egypt ready for a parliamentary election unless others are given a year or more to…
Rifts emerge in final days of Mubarak
CAIRO: With the ouster of former President Hosni Mubarak Feb. 11, reports are attempting to piece together the final 18 days of his reign since the beginning of the Jan.…
Lira rallies, Bahrain CDS rise
LONDON: The Turkish lira rallied half a percent on Tuesday while bond yields slipped after the central bank left interest rates unchanged as expected, and broader emerging stocks and currencies…
Egypt calls on world to aid its economic recovery
CAIRO: Foreign Minister Ahmed Aboul Gheit on Tuesday called on the international community to help speed Egypt's economic recovery after a revolt that toppled president Hosni Mubarak. The top diplomat…