Running in place on trade
NEW YORK: Meetings of G-20 leaders regularly affirm the importance of maintaining and strengthening openness in trade. June’s G-20 summit in Toronto, although not very effusive on trade, did not…
Egypt, Turkey leaders discuss Mideast peace process
CAIRO: The leaders of Egypt and Turkey met in Cairo on Wednesday to discuss stuttering international efforts to coax Israeli and Palestinian leaders back to the negotiating table, the MENA…
Witness in Khaled Saeid death assaulted, says center
By Sarah Carr and Heba Fahmy CAIRO: A witness in the case of the death of Khaled Saeid has been physically assaulted, the Nadim Center for the Rehabilitation of the Victims…
Lawyer determined to appeal death sentence of double homicide convict
CAIRO: “I am determined to overturn the death sentence against Mahmoud Sayed Essawy,” charged with the murder of two university students in 2008, lawyer Ahmed Gomaa told Daily News Egypt…
Christian supremacists promote Quran-burning on 9/11
CAIRO: A California-based Church is calling for an international day to burn the Quran on Sept. 11 to commemorate the ninth anniversary of the 9/11 attacks on the Twin Towers…
Egypt index up, tracking global markets
CAIRO: Egypt's main index ended slightly higher on low volume, echoing world markets, which rebounded on Tuesday on a strengthened dollar and positive US company earnings. "Today we're slightly up,…
Arab Cotton Ginning ‘in talks’ for acquisitions
Arab Cotton Ginning of Egypt is “in talks” to acquire companies specializing in weaving, shirt-making, dyeing and bed linen, Chairman Hani Olama said. “Already we have targets in Egypt and…
Suez Cement demand up, rising costs weigh on sector
Egypt's largest listed cement company, Suez Cement, said demand for cement rose in the first half, but analysts say growth will slow due to higher electricity prices and a government…
Wind Hellas says debt standstill in effect
Greek mobile operator Wind Hellas Group said on Wednesday enough senior creditors had approved its debt standstill agreement to put it into effect. Wind Hellas said on July 1 it…
Egypt-Saudi power grid link cost seen at $1.5 bln
A project aimed at linking the power grids of electricity-hungry countries Egypt and Saudi Arabia to help meet peak-time demand is expected to cost about $1.5 billion, an Egyptian official…