Dead sheep may have sparked Egypt shark maulings, says governor
CAIRO: A shark that attacked swimmers off an Egyptian resort might have become frenzied after a transport ship dumped dead sheep in the sea, South Sinai's governor said on Thursday,…
Vimpelcom sees Weather deal closing in H1
MOSCOW: Russian telecoms group Vimpelcom said it expected to close its $6.6 billion deal for Weather Investments in the first half of 2011, playing down concerns the deal could fail…
Egypt pound may find support at 5.8/dlr: traders
The Egyptian pound may find support at around 5.8 to the dollar after falling to a five-year low earlier this week, traders said. But an escalation of the debt crisis…
Ezz Steel posts Q3 profit, beats forecasts
Egypt's Ezz Steel said on Wednesday it posted a Q3 net profit, reversing a loss in the same quarter a year ago and forecast that growing steel demand would push…
Egypt keeps gas exports steady in 2010 amid low prices
Egypt's gas exports this year will be unchanged from 2009, as the low prices do not encourage further sales, the country's oil minister said on Wednesday. Egypt expects to export…
Iran, Syria, NKorea in hot seat at IAEA meeting
VIENNA: The UN atomic watchdog expressed "great concern" Thursday over North Korea and also turned up the heat on Syria and Iran, which are both under investigation for alleged illicit…
UN official highlights challenges to meeting MDGs in Arab world
CAIRO: While the Arab world has seen major progress in achieving the Millennium Development Goals (MDGs), challenges still persist with violence against women and gender inequality, Untied Nations Under-Secretary-General for…
US says failed to secure new settlement freeze, say Palestinians
RAMALLAH: The US has admitted it failed to secure a new Israeli settlement freeze, a Palestinian official said Thursday, dealing a potential knockout blow to renewed peace efforts. "The US…
Irish conductor Gleeson gets guest baton in Tehran
Irish composer Derek Gleeson, who has conducted orchestras throughout Europe, faced a bit of a learning curve in preparing to take the guest baton at the Tehran Symphony Orchestra this…
Oscar-winner Reese Witherspoon gets Hollywood star
Oscar-winner Reese Witherspoon has been saluted with a star on Hollywood Boulevard. The "Walk the Line" actress unveiled her Hollywood Walk of Fame honor on Wednesday outside the W Hollywood…