Al-Azhar freezes dialogue with Vatican
CAIRO: Egypt's Al-Azhar, Sunni Islam's highest seat of learning, said on Thursday it was freezing its bi-annual meetings with the Vatican after remarks by Pope Benedict XVI that "attack" Islam.…
6,000 Copts attend Pope’s sermon with tight security measures
By Essam Fadl CAIRO: Around 6,000 Copts attended Pope Shenouda III’s weekly sermon on Wednesday evening with tight security measures around the Cathedral’s headquarters in Abbaseya. It was the first after…
Tunisian army fires warning shots during protest
TUNIS: The Tunisian army fired a barrage of warning shots in the capital Thursday as demonstrators converged on the headquarters of the longtime ruling party, which dissolved its decision-making core…
People likely to rally around new imprisoned Kefaya leader, says analyst
By Marwa Al-A'asar CAIRO: People are likely to rally around the newly elected general coordinator of the Kefaya Movement for Change Magdy Hussein, even though he remains behind bars, an analyst…
Trial of eight Shubra protesters adjourned to hear police testimony
CAIRO: The Rod Al Farag Misdemeanors Court adjourned the trial of eight protesters on Thursday to Feb. 24 in order to hear two witnesses and allow the defense team to…
Muslim Brotherhood reconsiders refusal to participate in Jan 25 demo
By Heba Fahmy CAIRO: The Muslim Brotherhood said Thursday it’s reconsidering its refusal to participate in the demonstration on Jan. 25 titled “the Egyptian Day of Uprising”.. Prominent MB leader Essam…
Global governance incapable of mitigating risks, warns report
CAIRO: Global governance is increasingly unequipped to curb an array of arising risks, warned the “Global Risks 2011” report, issued by the World Economic Forum last week. “The benefits of…
Decision to remove billboards in downtown Cairo irks ad agencies
CAIRO: Advertising billboards perched on downtown Cairo’s buildings are being removed, as per a decision this week by Governor Abdel Azim Wazir, according to local reports. The aim is reportedly…
Egypt’s EFG seeks more acquisitions, eyes bonds
SHARM EL-SHEIKH: Cash-rich EFG-Hermes, Egypt's biggest investment bank, said it was seeking more acquisitions after buying a 65 percent stake in Lebanon's Credit Libanais late last year. The Cairo-based bank,…
EFG Hermes Securities Brokerage ranks high in Egypt, UAE
Regional investment bank EFG Hermes said that EFG Hermes Securities Brokerage was ranked the number one broker in Egypt and the United Arab Emirates (combining the ADX and DFM), according…