Shell says it wants to produce LNG in Egypt
CAIRO: Royal Dutch Shell wants to become an exporter of liquefied natural gas (LNG) from Egypt using gas from offshore discoveries, the chairman of the company in the North African…
France Telecom has commitments for more of Mobinil
CAIRO: France Telecom said on Sunday it had commitments from shareholders that would let it buy more than 3 percent of Mobinil s share capital at LE 230 ($41) a…
Iran less important than peace process
CAIRO: Egypt does not agree with Israel s point of view that Iran s nuclear ambitions are a higher priority for the region than Mideast peace, the presidential spokesman said…
Sudan buries ex-president who imposed Islamic rule
KHARTOUM: Sudan on Sunday buried former president Gaafar Al-Nimeiry, the man who imposed Islamic rule on Africa's largest nation, at a funeral attended by ordinary Sudanese, politicians and military officials.President…
American delegation enters Gaza but Egyptians turned back
CAIRO: The American Code Pink delegation entered Gaza through the Rafah border crossing Saturday but two Egyptians traveling with them were denied entry.Sixty-eight American members of the delegation traveling with…
Obama's Cairo University speech confirmed
CAIRO: Cairo University will be the venue for US President Barack Obama's speech when he visits Egypt this Thursday, the US embassy confirmed in a press advisory.The statement said that…
QUEST MEANS BUSINES: North Korea: Profit from the facts
Gossip, rumor and news. They are the fuel upon which the financial world thrives. And the murkier the details the more you can expect a market to give a knee-jerk…
Government may hike prices to finance social raise, say reports
CAIRO: Egypt said it may hike fuel prices to pay for public sector wages less than two weeks after President Hosni Mubarak announced a 10 percent raise in social allowance…
Jay Leno passes the baton … but he'll be back
Three days before he walked out of a Burbank, California theater and bid farewell to "The Tonight Show, which he had hosted for 17 years, Jay Leno made one last…
Book details Khalid Mishal's rise to power
CAIRO: Few issues in global affairs polarize like the Israeli-Palestinian conflict. If one doubts this, look at the selection in any bookstore. On China or India, major global players with…