Egypt to rule on Mobinil dispute on Tuesday: paper
CAIRO: Egypt s market regulator will rule on Tuesday on an appeal by France Telecom over an offer to buy all outstanding shares in mobile operator Mobinil, Egypt s Al-Borsa…
Egypt constructing a correction
CAIRO: The Egyptian government has long been chipping away at the country s shortage of affordable housing, but its recent expansion of mortgage financing may be its most innovate idea…
Fatah, West's hope for peace, faces critical test
RAMALLAH: Fatah, the divided movement of the late Yasser Arafat and the West s best hope for delivering a Mideast peace deal, is trying to stage a comeback.On Tuesday, Fatah…
Brotherhood to propose dialogue with NDP
CAIRO: The Muslim Brotherhood plans to propose a meeting with National Democratic Party (NDP) leaders to initiate communication between both groups, the Brotherhood's Deputy Leader Mohamed Habib told Daily News…
US lawmakers press Saudi king on Mideast peace
WASHINGTON: More than 200 US lawmakers urged Saudi King Abdullah on Friday to push Middle East peace efforts forward with a dramatic gesture towards recognizing Israel s legitimacy.Led by Democratic…
US cuts direct aid to unregistered Egyptian NGOs
CAIRO: The United States has cut from its budget $10 million in the aid it grants directly to Egyptian NGOs not officially registered with the Egyptian government, the America in…
Egypt car sales down 36 pct, says auto council
CAIRO: Egypt's car sales declined 36.3 percent year-on-year in June 2009, said officials at the Automotive Marketing Information Council (AMIC) in their bi-annual meeting last week. A total of 90,357…
Low steel prices, high cement consumption projected for August
CAIRO: Local steel and cement producers announced pricing policies for August, the local press reported Sunday. We expected a decline in steel prices and prices have been declining gradually over…
Cannes-honored Philippine film gets censors' nod
Censors here have belatedly approved a Philippine film honored at the Cannes festival that graphically depicts the rape, murder and dismemberment of a prostitute, officials said Friday. Kinatay , which…
China's Cosplay craze blurs fantasy and reality
The skeleton warriors briefly stumbled backward but kept lumbering toward 23-year-old Zhao Jing as she blasted them with two oversized six-shooters in a battle set to pounding music.Fantasy and reality…