Egypt stock index rebounds, Talaat Moustafa leads
A return to risk appetite helped push Egypt's main index up 4.4 percent on Wednesday from a 25-week low, with most stocks on the index recovering some of their losses.…
Sirens wail across Israel in huge defense drill
JERUSALEM: Air raid sirens wailed across Israel on Wednesday at the peak of a five-day civil defense exercise to test the Jewish state's defenses in the event of war, the…
Iraq PM details 'several' assassination attempts
BAGHDAD: Iraqi Prime Minister Nuri Al-Maliki claimed in remarks released Wednesday that he had escaped several assassination attempts, including one where insurgents tried to shoot down his plane. "There have…
Israel PM to be invited to White House next week, say reports
JERUSALEM: Israeli Prime Minister Benjamin Netanyahu is expected to travel to Washington next week, with White House Chief of Staff Rahm Emanuel set to give him the invitation on Wednesday,…
Egypt move up FIFA ranking
CAIRO: Egypt moved up one place in the monthly FIFA ranking for national teams, taking 12th place in the table. Even though they gained no points during the past month,…
Egyptians not on board with financing World Cup broadcasting rights
CAIRO: In a country where football is the sport of choice, public opinion was not in favor of Finance Minister Youssef Boutros Ghali’s decision to finance the purchasing of…
Former minister criticizes new pensions and insurance law
CAIRO: Former Minister of Social Affairs and Insurance, Ambassador Mervat El-Telawi, heavily criticized the Egyptian government and accused it of stealing LE 435 billion from the pensions budget in order…
Amnesty criticizes Egypt over rights lawyers, blogger trial
CAIRO: Amnesty International criticized on Wednesday Egypt's use of a defamation law to pursue three activists for slander and blackmail after they allegedly accused a judge of plagiarism. "We fear…
No-fly to Germany for cargo of deadly Egyptian scorpions
CAIRO: Egyptian customs officials have arrested a man on suspicion of trying to smuggle 75 deadly scorpions to Germany by express mail, an airport official said on Wednesday. Ashraf Talaat…
Elton John to perform in Morocco despite outcry
RABAT, Morocco: Elton John will be the highlight of Morocco's biggest music festival despite calls by the country's main Islamist party to shelve the British singer because of his homosexuality,…