EFG-Hermes:Mobile phone growth to slow in Egypt
CAIRO Mobile telecom firms in Egypt will see growth in subscriber numbers cut by a third this year as the market for mobile phones approaches saturation, an EFG-Hermes analyst said…
Israel, Egypt to renew talks on Gaza prisoner swap
TEL AVIV: Israel and Egypt agreed on Monday to renew Cairo-led efforts to broker a prisoner swap between the Jewish state and the Islamist Hamas rulers of the Gaza Strip,…
Mubarak heads to Washington May 26
CAIRO: President Hosni Mubarak will make a two-day visit to Washington for talks with President Barack Obama on May 26, local press reported on Tuesday. President Mubarak will be in…
Palestinians must unite before creation of state: Mubarak
SHARM EL-SHEIKH: Egyptian President Hosni Mubarak on Tuesday urged rival Palestinian factions to unite in order to achieve the creation of a Palestinian state. If they want two states, Palestinians…
Pope wades into the heart of Mideast conflict
JERUSALEM: Pope Benedict XVI waded into the heart of the Middle East conflict on Tuesday, calling for the faithful to overcome past discord and reiterating the Church s commitment to…
Abbas to swear in gov't without Hamas by Wednesday
RAMALLAH: Western-backed Palestinian President Mahmoud Abbas announced Monday that he is swearing in a new government without his Hamas rivals by midweek, further dimming chances of a power-sharing deal.Abbas also…
IN DEPTH: Prices remain sticky despite falling inflation
CAIRO: While record inflation rates that characterized 2008 have cooled significantly in recent months, local food prices have not followed the same trend.After peaking at 23.7 percent in August, annual…
Meeting of the minds at fifth annual InterGas Egypt
CAIRO: InterGas Egypt 2009 opened its doors Tuesday with oil and gas companies from around the world taking part in the fifth annual industry event. While the conference was officially…
Czech artist's controversial EU 'toilet' art comes down
A huge art installation that prompted an outcry by depicting stereotypes of EU member states, including a squat toilet, was being removed on Monday from a European Union building.Its creator,…
Cannes red carpets 3D 'revolution' with Pixar's 'Up'
Cannes will add a new chapter to its history - and give a nod to what some hail as the future of cinema - when the Riviera film festival kicks…