The Nile and the Israel angle
Israel has been dragged into the Nile basin controversy by portions of the Egyptian media and political opposition on totally baseless grounds. This might be entertaining, if Israel did not…
Central banking deflowered
FLORENCE: After the European Central Bank announced on May 9 that it would buy the government bonds of Mediterranean countries experiencing severe fiscal strains, critics complained that the Bank had…
Prepare Jerusalem for peace now
JERUSALEM: Last month, a Home Front Command exercise was carried out in Israel. The emergency systems were tested for their response to various scenarios in case war breaks out. That…
Prosecution confirms charges against Arab Contractors bus driver
CAIRO: Public Prosecution investigations confirmed charges brought against a bus driver for shooting eight passengers dead and injuring four others last Tuesday, following a dispute over monument excavations under his…
Fiesta in Spain, agony in Netherlands after World Cup final
MADRID: Spanish fans danced the night away in a joyous fiesta after their first ever World Cup triumph Sunday, but silence fell across the Netherlands as the country again tasted…
Spain hope for economic boost from World Cup glory
MADRID: Spain's glorious run to its first World Cup final has bolstered a sagging feel-good factor in a country that has endured some difficult economic times of late. Economists now…
Dutch press sad but proud
THE HAGUE: The Dutch press expressed disappointment and sadness Monday after the Netherlands' 1-0 World Cup loss against Spain, but paid tribute to the national team that one paper said…
Egypt trade company to open Rwanda distribution store
Asher Group, an Egyptian exporting and foreign trade company, said they are including Rwanda on the list of the countries in Africa where they will open stores, reported Business…
Diamond Offshore signs contract in Egypt
Drilling services company Diamond Offshore Drilling Inc said Friday that its subsidiary entered into a term contract ending June 30, 2011 for the Ocean Endeavor rig, reported Trading Matters.com.…
Ascom to establish Manganese mining company in Sudan
The board of directors at Asek Company for Mining (Ascom) approved plans to establish a Manganese mining company in cooperation with Saudi Sabaek and a Sudanese partner yet to…