Youth Olympic flame lit in Singapore
SINGAPORE: A towering flame was lit in the heart of Singapore on Saturday, signaling the start of the inaugural Youth Olympics. IOC president Jacques Rogge said the event would inspire…
Al-Qaeda leader says Turkey kills Muslims
CAIRO: Al-Qaeda's No. 2 offered his condolences in an audio message issued Sunday for the nine Turkish pro-Palestinian activists killed in a confrontation with Israeli commandos, but slammed the Turkish…
Egypt’s Alcotexa sells 1,034 T cotton in past week
CAIRO: Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 1,034 tons of cotton in the week that ended on Aug. 14, an Alcotexa official said on Sunday. The sales…
Rights groups warn against gov’t bias in elections
CAIRO: Free parliamentary and presidential elections are “impossible if state bodies are not neutral”, 11 Egyptian human rights bodies said this week. In a joint statement the Forum of Independent…
Al Baraka Egypt Bank H1 net jumps 57 pct
CAIRO: Al Baraka Egypt Bank posted a 57 percent increase in first-half net profit to 65.6 million Egyptian pounds ($11.49 million), the Cairo stock exchange said on Sunday. The Cairo-based…
Egypt’s Misr Beni Suef H1 net profit drops 4 pct
CAIRO: Egypt's Misr Beni Suef Cement posted a 4 percent fall in net profit to LE 193.5 million ($33.9 million) for the first half of 2010, the stock exchange said…
Egypt’s Eipico H1 net up 17.5 pct, says bourse
CAIRO: Egyptian International Pharmaceutical Industries Co (Eipico) posted a 17.5 percent rise in first half net profit to LE 178.7 million ($31.35 million), the stock exchange said on Sunday. Net…
Egypt’s Credit Agricole H1 net rises 3.3 pct
CAIRO: Credit Agricole Egypt's first half net profit rose 3.3 percent to LE 202.8 million ($35.58 million), the bank said on Sunday. Loans to customers climbed to LE 10.1 billion…
Maadi ferry case adjourned to Sept. 4
CAIRO: The first appeal hearing of the Maadi ferry case Saturday, which left nine girls dead, two missing and three injured, was adjourned to Sept. 4. Islamist lawyer Montasser Al-Zayyat…
UN group in Gaza on follow-up to Goldstone war report
GAZA CITY: Sixteen members of a committee created by the UN Human Rights Council to follow up on a UN report into the Gaza war arrived in the enclave late…