Orascom Telecom falls, weighs on Egypt's bourse
CAIRO: Shares of Orascom Telecom (OT), the biggest Arab mobile phone operator by subscribers, fell 7.6 percent on Tuesday to drag key Egyptian stock indexes down in line with global…
Positive tourism numbers likely to drop in 2009
CAIRO: Egypt received 12.8 million tourists in 2008, with a 15.3 percent increase in tourist arrivals, said Tourism Minister Zoheir Garranah at a press conference Monday.Over the year, the industry…
Opposition MPs urge gov't to provide housing for Gazans
CAIRO: Opposition MPs are urging the government to allocate LE 500 million to provide housing for Gaza residents along the border. Around 35 opposition MPs sent an urgent request to…
Egypt in more talks with Hamas
CAIRO: Envoys of Hamas resumed talks Tuesday in Cairo with Egyptian intelligence officials on a truce proposal to end fighting in the Gaza Strip where the Israeli offensive is in…
INTERVIEW: Israel is trying to impose its terms before negotiations, says expert
BIRZEIT, West Bank: Diplomacy is the only solution, says human rights expert George Giacaman. However, this diplomacy is affected by the regional and international political scene, whether it's in Egypt,…
Gamal Mubarak in Rafah amid tightened security
CAIRO: Leading members of the ruling National Democratic Party (NDP), including head of the policies secretariat and son of President Mubarak, Gamal as well as Safwat El-Sherif, visited the Rafah…
Israeli forces enter Gaza City neighborhood
GAZA CITY: Israeli ground troops battled Palestinian fighters in the streets of a densely populated Gaza City neighborhood early Tuesday, destroying dozens of homes and sending terrified residents running for…
European envoys flock to the region calling for a ceasefire
CAIRO: With the ongoing Israeli air strikes on Gaza, European envoys will continue to come to Egypt and the region in an attempt to secure a ceasefire, Miloslav Stasek, the…
Arab FMs to hold emergency Gaza meeting
CAIRO: Arab foreign ministers will hold an emergency meeting in Kuwait on the Gaza Strip conflict later this week, Arab League chief Amr Moussa said on Monday.Friday s meeting will…
Flurry of diplomacy over Gaza but little progress
CAIRO: Diplomats who scrambled across the Middle East on Monday trying to put together a Gaza ceasefire expressed optimism but reported little concrete progress in reconciling key differences between Israel…