Netanyahu must be clear on two-state solution, says Egypt's Aboul Gheit
CAIRO: Egypt on Wednesday pressed Israeli Prime Minister Benjamin Netanyahu, who has so far failed to publicly endorse the creation of a Palestinian state, to clarify his stance on a…
Arab foreign ministers' meeting reaffirms peace initiative
CAIRO: Arab foreign ministers reiterated their support of the Saudi peace initiative of 2002, following their meeting at the Arab League in Cairo Thursday.The meeting is aiming at achieving a…
State Council protestors released on the same day
CAIRO: All 18 activists detained Monday in connection with a protest outside Egypt's State Council have been released.Rawda Ahmed, a lawyer with the Arab Network for Human Rights Information (ANHRI)…
Court refuses release of Hezbollah cell detainees
CAIRO: The Cairo Criminal Court refused Monday motions filed by lawyers representing the Hezbollah cell case detainees to release them.Lawyers had asked the court to revoke their detainment orders effective…
IAEA: weapons grade uranium traces found in Egypt
VIENNA: UN nuclear inspectors have found traces of weapons-grade uranium in Egypt, the International Atomic Energy Agency said in a report obtained Wednesday by The Associated Press.Dated May 5, the…
Iran, Israel nuclear threats equal, says Aboul Gheit
CAIRO: Foreign Minister Ahmed Aboul Gheit said Wednesday that Egypt's position does not differentiate between the Iranian and the Israeli nuclear threat, considering both an equal threat to the region.He…
Telecom sector to grow 0 to 1 pct, says Pharos
CAIRO: "We don't have a very positive outlook on the telecom market, Suha Najjar, managing partner at Cairo-based investment bank Pharos Holding, said Tuesday.Analysts at Pharos Holding held a roundtable…
Corporate governance forum attracts international experts
CAIRO: Representatives from eight countries met with international consultants for a conference on corporate governance this week in Cairo. The conference was organized by the International Finance Corporation and held…
UAE bans dairy imports from Egypt
CAIRO: The United Arab Emirates announced a ban on imports of milk and cheese products from Egypt on Tuesday, citing "health concerns, the local press reported. This decision comes on…
IFC mulls student loan program for Egyptians
CAIRO: A $39 million portfolio to provide Egyptians with student loans is currently pending approval from the International Finance Corporation (IFC), the private sector arm of the World Bank Group.According…