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…
Chrysler Egypt now operating fully
CAIRO: Chrysler Egypt has resumed operations at full capacity and is now in contact with its partners, certified agents, clients to conduct business as normal on all levels, according to…
Three steps toward freedom in Egypt
Egypt has started down the road to truly momentous reform, but reformers will find that road blocked unless three barriers are removed, and soon. First, state approval to form political…
Egyptian mummy’s big toe oldest known prosthesis
PARIS: A superbly preserved artificial big toe found strapped to the mummified remains of an Egyptian woman is the oldest functional prosthesis ever found, experts said Monday. Discovered in 2000…
Egyptians, rejoice: The giants are trembling
The revolution of the Egyptian people, which began on January 25 and will not end until the entire system is overhauled from top to bottom, has shaken up not only…