Islamic organization appeals for urgent aid to Pakistan
JEDDAH: The Organization of the Islamic Conference (OIC) on Wednesday called on member states and the international community for urgent aid to Pakistan, which is grappling with devastating floods. The…
Power outages raise questions about energy future
CAIRO: Egypt’s Ministry of Electricity said this week that it will add, through various projects, an estimated 2,660 MW of electricity generation capacity to its national grid by the end…
Egypt may add Argentina as wheat supplier
CAIRO: Egypt may resume wheat imports from Argentina after a hiatus of several years to help compensate for Russia's ban on exports, Trade Minister Rachid Mohamed Rachid said on Tuesday.…
Reports of two Egyptians imprisoned in Qatar for espionage remain unconfirmed
CAIRO: Reports of two Egyptians receiving life sentences in Qatar for spying four months ago remain unconfirmed by both Egyptian and Qatari officials. Al-Masry Al-Youm had reported that two Egyptians,…
Egypt bans nitrogenous fertilizers exports
Egypt’s Ministry of Agriculture banned public sector companies from exporting nitrogenous fertilizers, extended until the ministry studies local market conditions and production sufficiency to cover domestic demand. The ministry obliged…
CI Capital ups El Sewedy to strong buy
CI Capital Research upgraded El Sewedy Cables to "strong buy" from "buy" Tuesday, a day after the Egyptian cable maker reported a 53 percent jump in quarterly profit. El Sewedy's…
SODIC sets aside capital for Palmyra unit
Egyptian developer SODIC said it will set aside $19.5 million to finance the operations of its newly acquired stake in Syrian real estate firm Palmyra, which plans a housing development…
NDP to hold annual conference ahead of PA elections, says party member
CAIRO: The ruling National Democratic Party (NDP) will hold its annual conference ahead of the People’s Assembly (PA) elections, Abdel-Ahad Gamal Eddin, senior party member and head of the majority…
Nasr City Housing to issue bonus shares
Egyptian property developer Nasr City Housing will distribute half a bonus share for every 10 shares held, the stock exchange said on Tuesday. The shares are for the firm's 2009/10…
5 most notable Julia Roberts performances
"Eat Pray Love" allows Julia Roberts to show off the best of what she can do: flash that radiant smile and let loose with that hearty laugh, but also provoke…
