Iraq's Talabani briefs Mubarak on election latest
CAIRO: Iraqi President Jalal Talabani briefed Egyptian counterpart Hosni Mubarak Sunday on developments in Baghdad where a new government has yet to emerge after the March disputed parliamentary polls. Talabani…
Russia's Gazprom to beef up Middle East presence
Russia's energy giant Gazprom hopes to enhance its participation in Middle East energy projects by joining the pan-Arabian pipeline to bring natural gas to Lebanon from Syria, a Kremlin official…
Rabbis visit Jerusalem's flashpoint Al-Aqsa mosque compound
JERUSALEM: Ultra-nationalist rabbis on Monday visited Jerusalem's flashpoint Al-Aqsa mosque compound, which is holy to both Muslims and Jews, in a move likely to infuriate Palestinians, police said. Police authorized…
Austrian trade mission visits Cairo
The Austrian Federal Economic Chamber and the Commercial Office at the Austrian Embassy organized an Austrian Trade Mission to Cairo last week, led by Andreas Meindl, regional director of Africa…
Franchising to promote SMEs' development
In line with Egypt’s plans to promote SMEs, the Egyptian Franchise Development Association (EFDA) in cooperation with the Social Fund for Development (SFD) organized the eight Middle East and North…
Qatar may open Harrods outlet in Shanghai, says report
LONDON: The Qatari royal family's investment arm is considering whether to open a flagship Harrods outlet in Shanghai after its acquisition of the British store, the Financial Times reported Monday.…
Lecico net profit up 25 pct
Lecico Egypt saw net profit rise 25 percent over the previous year to reach LE 26.9 million, up from LE 21.6 million last year. Revenues grew 11 percent in the…
Two Yemen policemen hurt defusing bomb
SANAA: Two Yemeni policemen were wounded trying to dismantle a bomb in the southern port of Aden minutes after another device exploded in the city, a security source said on…
Palm Hills says home demand up as crisis recedes
Egypt's Palm Hills Developments said total new reservations soared 86 percent in the first quarter and contract cancellations continued to fall, signaling a rebound in Egypt's real estate market. Cancellations…
Israeli air strike hits Gaza tunnels
GAZA CITY: An Israeli aircraft fired a missile at smuggling tunnels near the Gaza Strip border with Egypt early Monday, causing damage but no casualties, officials from the Hamas-run security…