Banks, builders boost Egypt index
CAIRO: Egypt s main index gained 1 percent in strong volumes as financial stocks lead the market higher for a fourth straight session to another fresh year high. Commercial International…
Egypt works to ease congestion
CAIRO: For years, a booming population has led to increasingly crowded streets, but new government initiatives may finally ease some of Egypt s traffic problems. With more than 16 million…
Three brothers killed in Israeli raid on Gaza tunnel: medics
GAZA CITY: Three Palestinian brothers were killed and nine other people were wounded on Tuesday when Israel bombed smuggling tunnels between the Hamas-run Gaza Strip and Egypt, medics said.Rescue services…
Analysts cautious on Mideast peace following Mubarak-Obama summit
CAIRO: A week after their historic summit President Hosni Mubarak returned to Egypt and US President Barack Obama is vacationing on a small island in New England. The world is…
Hezbollah defense team to strategize after seeing case files
CAIRO: The defense team for the 26 accused of forming a terrorist cell affiliated to Hezbollah has announced that it will formulate a defense strategy after perusing the case files,…
Egypt economy to grow 5.3-5.5 pct in fiscal year 09/10, says minister
CAIRO: Egypt is expected to see an economic growth rate ranging between 5.3 and 5.5 percent in the 2009/2010 fiscal year, Minister of Economic Development Othman Mohamed Othman said Tuesday.The…
Jackson killed by drugs cocktail
Lethal levels of a powerful anesthetic killed Michael Jackson, according to court documents that placed the pop star s personal physician under mounting police scrutiny.The documents, which shed light on…
Quentin Tarantino spins new ending to WWII
Quentin Tarantino has unleashed the ultimate Hollywood rewrite job. He s changed the ending of World War II.Without giving away details, Tarantino s Inglorious Bastards - which topped the American…
Taher celebrates 'Oasis' translation in England
Internationally acclaimed Egyptian writer Bahaa Taher is currently in England celebrating the release of the English translation of his novel, "Sunset Oasis. The current bestseller, "Oasis is the recipient of…