'My Voice, My Demand' calls for international observers during elections
CAIRO: A new group's call for international observers to monitor local elections has arguably highlighted a rift within the Kefaya Movement for Change. Kefaya co-founder and assistant coordinator George Ishaq…
Peres commends Egyptian security for Zeitoun cell capture
CAIRO: Israeli President Shimon Peres commended Egyptian security services for the capture of the alleged Zeitoun terrorist cell that, according to reports, was planning to assassinate the Israeli ambassador.In an…
Georgian embassy marks anniversary of war with Russia
CAIRO: As tensions in the caucus run high, the new Georgian Ambassador to Egypt Gocha Japaridze held a press conference to reflect on the August 2008 war between Russia and…
New faces elected in historic Palestinian vote
BETHLEHEM: The Palestinian Fatah movement elected a group of younger leaders to its top council on Tuesday, according to preliminary voting results.Fatah's first conference in two decades, while plagued by…
Opposition party claims member kidnapped by state security
CAIRO: The opposition Karama party has alleged in a statement that one of their members was "kidnapped and held for eight days by state security forces in Alexandria.The party claims…
Egypt's Lecico Q2 profit dips 20 percent
CAIRO: Egyptian ceramics company Lecico posted a 20 percent fall in second-quarter net profit to LE 30.3 million ($5.5 million) on Monday. Lecico had net sales of LE 273 million…
Barwa partners with QPM for New Cairo project
CAIRO: Even with demand for high-end real estate at a low ebb, a handful of companies are forging ahead with projects they hope will coincide with high market demand a…
Officials deny new hotel pricing policy
CAIRO: Members of the Egyptian Hotel Association and the Ministry of Tourism denied news reports that they had set regulations allowing hotels to reduce their prices by 20 to 25…
QUEST MEANS BUSINESS: Recession proof industries
No one likes a recession, but not all companies are equally hit by its force and ferocity. When we get the quarterly earnings numbers it is easy to spot the…
Egypt to apply property tax law in January
CAIRO: Egypt will start implementing the controversial property tax law this coming January, Minister of Finance Youssef Boutros-Ghali said earlier this week.Ghali released this week the regulations for the new…