Analysis: Talks to test Netanyahu’s will for peace
JERUSALEM: Hawkish Israeli Prime Minister Benjamin Netanyahu has the security credentials and the political strength to pull off a peace deal with Palestinians now that the US has brokered a…
Egypt’s present-day Shias live on Fatimid legacy
CAIRO: Experts say Egyptian Shias today face a lot of challenges living and practicing their faith freely in a country that spent a significant part of its history under Shia…
Saudi low-cost carrier suspends flights as budget tightens
JEDDAH: Saudi low-cost private airline Sama, launched in 2007 to serve Gulf and other Arab states, said it is to suspend services from Tuesday due to financial problems. It was…
Interior Ministry obstructs court order to release detainees in Shia case
CAIRO: The Ministry of Interior has obstructed a State Security Court order to release a member of the Shia sect, according to a statement by the Egyptian Initiative for Personal…
Algerian writers denounce ban on Egyptian books
ALGIERS: Algerian intellectuals have signed a petition urging that a ban on Egyptian books at Algeria's international book fair be revoked, after the two countries fell out over a football…
Egypt expands energy projects to meet mounting demand
CAIRO: Egypt secured a $300 million loan last week from the European Investment Bank for an energy project geared toward helping the country meet growing electricity needs, according to recent…
Job poll results means good news for fresh graduates
CAIRO: In the midst of a struggling job market, fresh graduates may have something to look forward to: a job. A leading job site in the Middle East, Bayt.com, recently…
Egyptian Resorts to take back land plot
CAIRO: Real estate firm Egyptian Resorts said on Sunday its board of directors agreed to take back a piece of land the company had sold for about $11 million after…
KSE to stop listing of CIB of Egypt
The Kuwait Stock Exchange (KSE) announced on Sunday that it will stop the listing of Egypt’s Commercial International Bank as of Sept. 16. KSE said on its webpage that after…
Sinai Cement H1 net rises to $64.5 mln
Egypt's Sinai Cement posted a 6.7 percent rise in consolidated net profit to LE 367.4 million ($64.5 million) in the first half of 2010, the stock exchange said on Sunday.…
