Europe and the New World Order
BERLIN: Nov. 15, 2008, is a date to remember, because on that day history was made. For the first time, the G-20, the world's 20 leading economies, came together in…
Souad Mardam Bey paints with her wand again
Souad Mardam Bey has painted magic again. Ethereal and ephemeral figures and silhouettes grace her canvases in a collection that has outdone her previous exhibitions.All her subjects, humans and animals…
Italy's Edison signs deal for Egyptian concession
MILAN: Italian power company Edison SpA said Tuesday it has signed a $1.4 billion agreement with Egyptian energy officials for the exploration and development of the Abu Qir oil fields…
Beltone to launch ETF in January
CAIRO: Egypt-based investment bank Beltone Financial recently announced it will launch the region's first exchange-traded fund (ETF) in January.The fund - named XT-Misr - is an open-ended fund investing in…
News in brief
Egypt's inflation dips to 20.9 pct in year to November Consumer inflation in Egypt fell to 20.9 percent in the year to November from 21.2 percent in the year to…
Trade Ministry sets LE 7 bln stimulus package
CAIRO: Minister of Trade and Industry Rachid Mohamed Rachid announced Tuesday a LE 7 billion support package "to maintain the current levels of investments in industry and trade. In a…
Mansour joins the race for Lawyers' Syndicate chairman
CAIRO: The controversial race for Lawyers Syndicate chairman heated up Tuesday with the nomination of Judge Mortada Mansour.Mansour, who filed his application Dec. 2, said his goals are to restore…
Shoura Council approves new civil universities law
CAIRO: The Shoura Council approved the new civil universities law despite a request filed by the People's Assembly's education committee to review it, Aly Laban, committee member, said.The new law…
Egypt against Iran 'developing nuclear weapons'
CAIRO: Egypt supports international efforts aimed at preventing Iran from acquiring nuclear weapons, Foreign Minister Ahmed Aboul Gheit said on Wednesday.But he also warned against taking military action against the…
Egypt willing to participate in anti-piracy missions
CAIRO: Egypt is prepared to participate in any UN-sponsored mission to guard ships from piracy off Somalia's coast but it is opposed to unilateral action, cabinet spokesman Magdy Rady said…
