Egypt’s EDBE posts $23 mln July-Dec net profit
CAIRO: Export Development Bank of Egypt (EDBE) said consolidated net profit for the six months to end-December 2010 was LE 143.2 million. This was up from a previously stated LE…
Egypt T-bill yields rise at LE 5.5 bln auction
CAIRO: Average yields at an auction of LE 5.5 billion in domestic treasury bills rose on Sunday, and not all the bills initially offered were sold, the central bank said.…
Centamin Egypt says Sukari mine exports continue
LONDON: Centamin Egypt said it has received no notice from any Egyptian authorities regarding restricting gold exports from its Sukari mine and that production and exports from the project have…
Prosecutor bans Mubarak, family from travel
By Agencies CAIRO: Egypt's top prosecutor seized all the funds of ousted leader Hosni Mubarak and his family on Monday and banned them from travel abroad. Egypt's graft authority said…
Arab League chief Moussa to run for Egypt president
By AFP CAIRO: Arab League chief Amr Moussa said on Sunday he plans to run for president in his native Egypt after a popular uprising that toppled veteran strongman Hosni Mubarak,…
Workers, leftists to form new parties
By Tamim Elyan CAIRO: Legal procedures to establish two political parties, based on principles of a civil state and social justice and inspired by the January 25 Revolution, are to start…
Popular committee to independently investigate violence, killings during demos
By Heba Fahmy CAIRO: The Popular Fact-finding Committee, formed of law professors and human rights activists, said Sunday it will start investigating crimes committed against protestors during the January 25 Revolution.…
Army to set referendum date next week, says constitutional committee member
By Marwa Al-A'asar CAIRO: The army is expected to announce the date of the referendum on the recommended constitutional amendments next week, lawyer Sobhi Saleh told Daily News Egypt Sunday. “The…
Mahmoud Saad quits state-TV over Shafiq interview
CAIRO: Popular television presenter Mahmoud Saad said he resigned from the talk show “Masr Enaharda” (Egypt Today), on terrestrial state-TV on Saturday. In a phone call “Ashera Masa’an” on Dream…
Assiut villagers, civil servants protest corruption
By AP ASSIUT: Villagers in southern Egypt blocked a highway with burning tires and set fire to three government buildings Sunday to protest official corruption, witnesses said. Also in Assiut…