Journalists, opposition leaders show solidarity with Al-Dostor staff
CAIRO: Several journalists, opposition leaders and writers gathered Sunday at the headquarters of independent daily Al-Dostor in solidarity with the newspaper’s staff, amidst unconfirmed reports that co-owner Reda Edward has…
May 4 Movement calls for march to support Mubarak
CAIRO: A group calling itself the May 4 Movement is calling for a march on Thursday in support of incumbent President Hosni Mubarak. In what it describes as a “day…
Egypt to deport detained Tunisian fans
CAIRO: Egypt's public general on Saturday ordered the release and deportation of 14 Tunisian football fans arrested last week after clashes at the end of a continental club match in…
Suez Canal receipts slide to $410.2 million in September
CAIRO: Suez Canal revenues fell to $410.2 million in September from $436 million the previous month, according to a statement released by the Suez Canal Authority (SCA). Growth in revenues…
Vimpelcom CEO sees clarity on Djezzy in weeks
MOSCOW: The battle for control of Algerian telecoms business Djezzy will be over in weeks, and whatever the outcome, Russian group Vimpelcom expects its plan to buy billions of dollars…
Ekrami would settle for Egypt deputy role
CAIRO: Ahly keeper Sherif Ekrami stated that he wouldn't mind playing second fiddle to Egypt's first-choice guardian Essam Al-Hadari, unlike what Hassan Shehata had earlier claimed. When asked…
Rights group launches campaign against sectarianism
CAIRO: The Egyptian Initiative for Personal Rights (EIPR) announced on Sunday the launch of a campaign against sectarianism in Egypt under the slogan “We are all one in Egypt –…
Sawiris says to focus on humanitarian work, quit all executive roles
Egyptian billionaire Naguib Sawiris said late Saturday he has decided to quit all executive roles at his businesses and focus his time on humanitarian work after a $6 billion deal…
Monthly growth in NIR stable in September
Monthly growth in Egypt’s Net International Reserves (NIR) position remained relatively stable in September 2010, at $35.53 billion, remaining almost unchanged from August 2010’s level of $35.5 billion, Central Bank…
Egypt to offer licenses for 3 mln tons steel: papers
Egypt's government will launch a tender on Wednesday for licenses to produce 3 million tons of steel, requiring investments worth 3.2 billion Egyptian pounds, newspapers reported on Saturday. The month-long…