Egypt, Tunisia bilateral trade rises 123 pct
Egypt’s exports to Tunisia increased by 104 percent in the first quarter of 2010 to reach $51.6 million, compared to $25.3 million during the same period last year, the trade…
OCI expands Europe ops with terminal buy
Orascom Construction Industries (OCI), Egypt's biggest listed firm by market cap, said on Wednesday it bought Dutch storage tank owner and operator MICRO Chemie as part of an expansion…
Naguib Sawiris eyes Poland, Serbia: report
Weather Investments, the holding company of Egyptian businessman Naguib Sawiris, is considering a move into Poland and Serbia after the success of its mobile operations in Italy, Sawiris was quoted…
Syria’s Assad says,10 years in power marked by US pressure
DAMASCUS: After years of enduring intense international pressure, Syrian President Bashar Al-Assad has engaged in a process of rapprochement with the West whose results remain unclear. Assad, who celebrates 10…
Egypt’s Eastern opens factory in Jordan
Egyptian cigarette monopoly Eastern Company opened its factory in Jordan on Tuesday, in a joint 10 million dinar investment with Jordan's Al Taj company, the state news agency MENA…
Egypt extends gains; market seen steady
CAIRO: Egypt's benchmark index ended higher for a fourth day in five, led by Palm Hills Developments, with traders expecting the market to remain relatively steady over the next…
Polanski only safe in France, Poland, Switzerland
Roman Polanski may once again be seen on the red carpet at Cannes — but he won't be attending the Venice Film Festival or the Oscars anytime soon. Freed from…
A spellbinding snapshot of Gharb Soheil
C urrently showing at the Easel and Camera Gallery in Maadi is a photographic exhibition titled “From Gharb Soheil” by Hoda Baraka. Inaugurated by Egyptian artist Mohamed Abla, the exhibition opening…
7 killed, 1 injured in building collapse in Cairo
CAIRO: Seven construction workers were killed on Wednesday when a dilapidated building in Cairo's historic Islamic district they were spending the night in collapsed, a security official said. The builders…
Ashraf Marwan’s death unexplained, says British coroner
LONDON: The death of a wealthy Egyptian businessman suspected of international espionage remains unexplained, a British coroner ruled Wednesday, saying there was no evidence to support verdicts of either suicide…