Does Egypt still need a 'just despot'?
CAIRO: Why has the prevalence of democratic rule staggered - if not failed - in the Arab world? It's a question that continues to puzzle many analysts, some of whom…
Egypt says Obama team understands Israel must stop settlements
WASHINGTON: Egyptian Foreign Minister Ahmed Aboul Gheit said Thursday that President Barack Obama's administration understands Israeli settlement activity has to end in order to broker peace with the Palestinians.Aboul Gheit,…
Egypt cracks down on smugglers near Gaza
RAFAH: Egyptian police have arrested 40 suspected smugglers and seized contraband goods in a new crackdown on smuggling along the country s border with the Gaza Strip, an Egyptian security…
Egypt central bank cuts o/n interest rates by 100 bps
CAIRO: The Egyptian central bank cut its key overnight interest rates by 100 basis points, citing a fall in inflation and an expected economic slowdown, the state-run Middle East News…
News in brief
Average yield falls on 273-day Egypt T-bills The average yield on Egyptian 273-day treasury bills fell to 11.641 percent at an auction on Thursday, compared with 11.981 percent at last…
Egypt draw 2-2 with Ghana in friendly
CAIRO: Egypt and Ghana drew 2-2 in an exciting exhibition played at Cairo International stadium on Wednesday.A first-half controversial goal by Mohamed Shawky was allowed to stand for Egypt, before…
Shehata unsatisfied with Egypt frontline
CAIRO: Egypt coach Hassan Shehata blamed his strikers for the slipped-away victory over Ghana in Wednesday's friendly at the Cairo stadium. The Pharaohs played out a tame 2-2 draw in…
