Yemen cleric urges Muslims in US army to kill comrades
DUBAI: Radical Yemeni cleric Anwar Al-Awlaqi urged all Muslims serving in the US army to follow the example of Major Nidal Hassan who stands accused of killing 13 of his…
Searching for identity in new AUC exhibit
In the current exhibit at the American University in Cairo, AUC’s graduating class of arts students are deconstructing the stereotypes of their own lives, in a variety of well-done projects.…
NBE considers LE 700 mln credit facilities to Mokhtar Ibrahim
National Bank of Egypt may provide L.E 700 million credit facilities to Egyptian Contracting (Mokhtar Ibrahim) on two trenches. The first trench (LE 200 million) will be allocated to fund…
MTN set to end loan talks for Orascom: Bankers
South African telecoms operator MTN Group is set to disappoint lenders as talks for a $5 billion loan to buy the assets of Egyptian telecoms firm Orascom Telecom (ORTE) fizzle…
Masked gunmen torch UN summer camp in Gaza
GAZA CITY: Dozens of masked gunmen stormed a UN-run Gaza summer camp early on Sunday and burnt it to the ground, threatening "harsh measures" against the Gaza director of the…
Pakistan says Egypt's Sewedy eyeing wind investment
Sewedy Cables is considering investing in Pakistan's wind energy sector, Pakistan's foreign minister said in Cairo on Sunday. "We have met with the Sewedy group yesterday and they have shown…
Telecom Egypt to link undersea cable to Jordan
Telecom Egypt, the country's fixed-line monopoly, said on Sunday it plans to expand the services it offers in Jordan and connect the country to its TE North undersea cable, which…
Egypt index slips, Telecom Egypt bucks trend
Egypt's main index continued to decline on Europe debt worries, but heavyweight Telecom Egypt cushioned the fall, jumping 4.1 percent after it said it was considering boosting its stake in…
A gust of wind energy in Egypt
CAIRO: Wind energy is growing leaps and bounds globally, at rate of 31.7 percent since 2001, and wind capacity is doubling every three years. While Africa is having difficulty keeping…
Removing energy subsidies may raise inflation, experts say
CAIRO: Egypt has shown resolve in its plans to eliminate energy subsidies for industries by the end of this year in ongoing parliamentary talks regarding the budget. The government appears…