Egypt looks to make the grade
By Oxford Business Group CAIRO: Moves to encourage greater private investment in education in Egypt could provide an important boost to the country, bringing in resources and supporting ongoing reform efforts.…
Suez Cement to shut 14 production lines in Cairo
Egypt's Suez Cement said on Tuesday it would shut down 14 production lines as part of an agreement with the government to relocate out of the capital to reduce pollution.…
Egypt regulator tells SODIC to alter stock split
Egypt's financial regulator approved a share split by real estate firm SODIC on Wednesday but demanded a change to the ratio of new shares to old. The nominal par value…
OT says to challenge Algeria’s tax reassessment
Egypt’s Orascom Telecom Holding said it will challenge the Algerian tax authority’s reassessment of taxes allegedly owed by the firm’s Algerian unit, which the authority said totaled around $230 million.OT…
Egypt to let state workers borrow to boost economy
Egypt will let 6 million state employees borrow against their salaries in a move designed to stimulate the economy, Al-Akhbar newspaper reported on Wednesday, citing an unnamed Ministry of Finance…
Wade, Qaddafi call for United States of Africa with one army
DAKAR: Libyan leader Moamer Qaddafi pushed again Tuesday his dream for a sole African government and was backed by Senegal's President Abdoulaye Wade as he urged the creation of a…
Obama envoy Ross in Israel for secret talks, says report
JERUSALEM Senior White House adviser Dennis Ross was on Wednesday holding talks in Israel with top defence officials in connection with US attempts to revive the peace process, an Israeli…
Attacks in Afghanistan kill 3 kids, NATO soldier
KABUL: The international Red Cross warned Wednesday of an increase in the number of Afghan armed groups operating in the country as bombings killed three children and a NATO soldier…
Iraq pilgrims chant anti-graft songs at Ashura
KARBALA: Dozens of Iraqi pilgrims chanted anti-corruption songs during Ashura ceremonies in the shrine city of Karbala on Wednesday, criticising the country's anti-graft watchdog. Their shouts came as hundreds of…
Mitchell says pursuing ‘substantive’ Mideast talks
CAIRO: US envoy George Mitchell said Wednesday he will pursue "substantive" talks with Israelis and Palestinians to rescue battered Mideast peace negotiations, following a meeting with the Egyptian president. "In…