One On One: Rachid details Trade Ministry's stimulus package
CAIRO: While the government s recently announced LE 15 billion stimulus package will weigh on the budget deficit, the pressing goal remains to be supporting growth, said Trade Minister Rachid…
Obama plans major address in Islamic capital: interview
WASHINGTON: President-elect Barack Obama plans to give a major address in an Islamic capital soon after taking office as he seeks to mend America s image in the Muslim world,…
Arabs urge Obama to focus on Mideast peace
CAIRO: The Arab League has urged US president-elect Barack Obama to focus on resolving the Israeli-Palestinian conflict after he takes office in January, spokesman Hisham Youssef said on Thursday.The 22-member…
Duel-listed gains lead index 2.8 pct higher
CAIRO: Egyptian companies with dual listings elsewhere made strong gains on Thursday as global markets rose, boosting the market into positive territory for the second straight day after an extended…
Hollywood fears piracy may thrive in economic crisis
Copyright piracy could take a bigger toll on US movies in the current global economic slowdown, including in China where nine out of 10 DVDs sold are pirated, Hollywood s…
New York Times enters talks with lenders
NEW YORK: New York Times Co., publisher of the International Herald Tribune, said Tuesday it is in talks with lenders about debt payments coming due in the next two years,…
US arms sales undermine global human rights, says study
WASHINGTON: The US arms trade is booming - sales reached $32 billion last year - and more than half of the purchasers in the developing world are either undemocratic governments…
Preview: Host of Zamalek absentees ahead of Assuit clash
CAIRO: Zamalek will be without 11 first team players when the club takes on Assuit Petroleum in the Egyptian league on Friday.Gamal Hamza, Mohamed Aboul-Ella, Ricardo, Osama Hassan and Wissem…
Bruce tells Scolari to forget about signing Zaki
WIGAN: Wigan manager Steve Bruce has told Chelsea boss Luiz Felipe Scolari to forget about signing Egypt striker Amr Zaki.Zaki has caught Scolari s eye after scoring eight times in…
Jordanian papers confirm Zamalek interest in Vingada
CAIRO: Jordanian press confirmed that their national team coach Eduardo "Nelo Vingada is placed on the top of Zamalek s wish list for the vacant managerial post.Zamalek board reportedly contacted…