Government braces for Ramadan, a month of consumption and inflation
CAIRO: With the holy month of Ramadan comes the yearly debate about how Egyptians’ food consumption rises exponentially during a religious month of fasting, self control and charity. It also…
Egypt 91-day, 182-day T-bills average yield down
CAIRO: The average yield on Egyptian 91-day Treasury bills fell slightly to 10.013 percent at an auction on Sunday from 10.159 percent last week. The central bank accepted bids for…
Israeli warplanes hit Gaza after new rocket attack
GAZA CITY: Israel and Gaza's Hamas rulers rattled sabres on Sunday after fighters fired rockets into southern Israel, prompting a series of retaliatory air raids. Israeli warplanes launched two pre-dawn…
Egypt index gains, Mobinil and OT up
CAIRO: Egypt's main index, EGX30, ended 0.7 percent higher, with Mobinil climbing 2.2 percent after hitting a 15-month low last week on poorly received earnings and Orascom Telecom rising further…
Doctors Without Rights protest against new accreditation body
CAIRO: In a demonstration by Doctors Without Rights at the Doctors’ Syndicate Sunday, 40 demonstrators protested against new rules that would put an end to university-funded postgraduate studies. Dr Mona…
Judge in online activists’ trial says he knows nothing about the internet
CAIRO: Lawyers described proceedings in the case of three human rights activists as not meeting the fair trial standards on Saturday in a hearing that saw the judge reverse his…
The Gaza prison
GAZA CITY: It is easier to enter a maximum-security prison than it is to enter the strip of land — 45 kilometers long and maybe eight wide — that is…
A bad omen
In June of 2004, I was invited for a dinner at a restaurant near an airport here in the Gulf. I recall seeing a group of bodyguards dressed in traditional…
‘Mosque’ ado about nothing
JACKSONVILLE, Florida: The proposal for a Muslim community centre called the Cordoba House, two blocks from where the World Trade Centre stood, has unleashed a torrent of emotions. The New…
Ferry captain sentenced to 10 years in prison in Maadi ferry accident
CAIRO: The Maadi Misdemeanors Court on Friday sentenced 18-year-old Ali Eweis to 10 years in prison on the charge of involuntary manslaughter in the Maadi ferry accident last month. His…