Egypt’s Citadel plunges 10 pct after travel ban
CAIRO: Egypt's Citadel Capital stock plunged 10 percent on Sunday after the public prosecutor ordered that its chairman, Ahmed Heikal, be banned from travel pending a probe of corruption allegations.…
Egyptian Resorts removes Mubarak associate from board
CAIRO: Egyptian Resorts removed Ibrahim Kamel, a senior member of ousted President Hosni Mubarak's party now under detention, from its board, the company said on Sunday, without citing a reason.…
Egyptian Google exec urges investments for Egypt
WASHINGTON: The Google Inc. executive who helped spark the Egyptian revolt invited Americans to visit Egypt and urged the world Friday to invest there to ensure the country's economic success.…
Kuwait launches firm to invest in Egypt economy
KUWAIT: The Kuwait Investment Authority (KIA), the Gulf Arab state's sovereign fund, has launched a company with 1 billion Egyptian pounds ($167.8 million) to invest in Egypt's economy, an official…
Property market faces volatile year, experts say
CAIRO: Egypt’s real estate market is looking at a slump in 2011, despite a high demand among the middle class. As a result of the recent 18-day popular uprising that…
Military ends conflict between three Bedouin tribes in North Sinai
CAIRO: Mediation by the Supreme Council of the Armed Forces (SCAF) ended a long-standing conflict between three key tribes in Sinai that has left around 120 cars hijacked and dozens…
Egypt, Tunisia stumble through Swiss legal hoops
BERN, Switzerland: The Swiss were among the first to freeze the assets of ousted presidents Zine El Abidine Ben Ali of Tunisia and Hosni Mubarak of Egypt, and now the…
Helwan, 6 October employees protest against cancellation of the 2 governorates
CAIRO: Tens of employees in Helwan and Sixth of October governorate offices continued protests in front of the Cabinet demanding the revocation of a decision Thursday to reincorporate the two…
AN ISRAELI VIEW: The peace process: A hollow, cynical concept
By Amira Hass It is not the "process-ization" or the business-world terminology that killed the notion of peace. But the tedious, two-decade-long ritual of meetings-for-meetings-sake and the overdose of "mechanisms" have…
A PALESTINIAN VIEW: More process than peace
By Ghassan Khatib After eight months of no negotiations between Israelis and Palestinians, it is useful to clarify that recent experience has demonstrated that the existence of a peace process does…