New investment zone in Banha to create 10,000 jobs
Minister of Invesment Mahmoud Mohieldin and Banha Governor Adly Hussein laid the foundation of stone of a new investment zone in the governorate. The new zone will be set for…
World Bank offers $3.2 bln to finance 18 development projects
The current portfolio of cooperation between Egypt and the World Bank comprises 18 development projects, financed through loans at a total $3.209 billion, in addition to 10 grants worth $66.200…
Bayt.com creates Mideast online salary calculator
CAIRO: Job site Bayt.com has introduced an online salary calculator for job seekers in the Middle East. With 4.5 million registered job seekers and about 30,000 employers, Bayt.com CEO M.…
Egypt’s central bank holds rates steady as growth quickens
CAIRO: The Central Bank of Egypt (CBE) left its key overnight interest rates on hold on Thursday a day after the government announced that economic growth had accelerated to an…
Saudi king in Syria amid regional tensions
DAMASCUS: Syria on Thursday warned the United States to stop trying to interfere as Arab leaders try to defuse heightened tensions in the Middle East. Saudi King Abdullah, who arrived…
Interpol probes Nigerian senator’s child marriage
ABUJA: Interpol is investigating an accusation of unlawful child marriage by a Nigerian senator to a 13-year-old Egyptian girl, a state human rights body said Thursday. "The Interpol has contacted…
Egyptian border guards kill African migrant
RAFAH: Egyptian border guards fatally shot an African migrant as he tried to cross the border into Israel, an Egyptian official said Thursday. He said the 28-year-old Eritrean man died…
Desperate clubs travel seeking African victories
JOHANNESBURG: An air of desperation hangs over four clubs this weekend though they will be playing only their second match in the 2010 African Champions League group phase. Former title…
Is Middle East war inevitable?
BERLIN: Fouad Siniora, Lebanon’s former prime minister, is a thoughtful man with deep experience in Middle Eastern politics. So when he speaks of “trains with no drivers that seem to…
Disappointment and hope after Cairo
CAIRO: Last month marked the first anniversary of US President Barack Obama's speech to the Muslim world in Cairo where he sought "a new beginning between the United States and…