US religious commission visit to Upper Egypt cancelled
CAIRO: The delegation of the US Commission on International Religious Freedom cancelled a proposed trip to Upper Egypt due to sensitivities in the wake of the Nagaa Hammadi Jan. 6…
Regime change not motivation for war, Blair tells Iraq probe
LONDON: Former British prime minister Tony Blair said Friday he had supported the 2003 US-led invasion of Iraq because Saddam Hussein flaunted UN resolutions, not because he wanted regime change.…
Investors spurn Africa and Middle East despite growth
LONDON: Many of the frontier economies in Africa and the Middle East may be growing rapidly, but they are still getting short shrift from global investors. They are attracting less…
ASEC Cement to expand regional foothold
CAIRO: Egypt s ASEC Cement wants to capitalize on the growth of housing and infrastructure demand in the region by more than doubling the cement production it controls by 2013,…
News in brief
GB Auto approves issuing $183 mln bonds Egypt s GB Auto shareholders have approved issuing 5-year bonds worth LE 1 billion ($183 million) to fund new service centers in Egypt…
Algerians fete crushing defeat to Egypt
ALGIERS: Algerians still honked horns, waved flags and cheered on their football team after it was crushed 4-0 by Egypt in the African Cup of Nations semifinals on Thursday.Many fans…
World Cup finalists battle for bronze in Benguela
BENGUELA: World Cup-bound Nigeria and Algeria will have to dig deep to motivate themselves for Saturday s Africa Cup of Nations losers final.Nigeria were stopped from reaching the final proper…
Eight Egyptians die as fishing boat sinks off Libya
CAIRO: Eight Egyptian fishermen drowned when their boat capsized off the Libyan coast, an Egyptian security official told AFP on Friday.The small fishing boat had left the Egyptian port town…