Shoura elections indication of what’s to come, says opposition
CAIRO: Shoura Council Speaker Safwat El-Sherif hailed the results of last week’s mid-term elections as an expected win for the ruling National Democratic Party (NDP), according to an online news…
Iran opposition says regime playing into hands of US, Israel
TEHRAN: Iranian opposition champion Mir Hossein Mousavi has hit back at accusations by supreme leader Ayatollah Ali Khamenei that he was siding with Tehran's foes, charging that it was the…
Three Kurdish rebels killed in southeast Turkey
DIYARBAKIR: Three Kurdish rebels were killed in fighting with security forces in Turkey's southeast, a security source said Sunday, just days after the insurgents said they had ended a unilateral…
Automech 2010: New models, designs and technology
CAIRO: The automotive industry has had a busy week. For the past five days, fierce competition simmered as manufacturers and dealers showed off the latest car models at the 14th…
Britain to give 19 million pounds to Gaza
LONDON: Britain announced Sunday it was giving £19 million ($27 million, €23 million) for refugees in Gaza and repeated calls for Israel to lift its blockade of the territory. "The…
Two Egyptian companies win start-up cash in business competition
CAIRO: Two Egyptian companies came in second and third place at the Massachusetts Institute of Technology (MIT) Business Plan Competition on June 4, winning a combined $20,000. The competition is…
Promoting trade between Egypt, Tunisia
The higher Egyptian-Tunisian Committee will meet in Cairo under the co-chairmanship of Egyptian Prime Minister Dr Ahmed Nazif and his Tunisian counterpart. The committee will discuss ways of…
Railway Authority to spend LE 40 billion on extending lines
An official at the Egyptian Railway Authority (ERA) announced the launching of a ten-year plan for a development project worth LE 40 billion in the period 2011-2020, reported Al-Mal newspaper.…
Alcotexa sells 1,238 T cotton in past week
Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 1,238 tons of cotton in the week that ended on June 5, an Alcotexa official told Reuters on Sunday. The sales…
Egypt's foreign reserves rise to 35.1 bln in May
Egypt's net foreign reserves were $35.1 billion in May, up from $34.65 billion a month earlier, state-run daily Al-Ahram said on Saturday citing a central bank report. Reserves came in…