Fans clash forces Egypt to relocate training
CAIRO: The Egyptian national side had to change their Thursday training session venue from the Arab Naval Academy to Semouha Stadium.The Pharaohs Wednesday training was marred by clashes between sections…
NGOs warn against ban on religion defamation plan
GENEVA: More than 180 non-governmental organizations (NGOs) called Wednesday on the United Nations human rights body to reject moves to combat religious defamation , arguing it threatened free speech.The 183…
Binoche plans film with Chinese director
Oscar-winning French actress Juliette Binoche said Wednesday she is planning to work with feted Chinese film director Jiang Wen after her six-month world dancing tour ends next month. The English…
News in brief
Egypt indexes resume gains despite OCI dip Egypt s main stock index rebounded on Thursday, shrugging off losses from the previous session on positive sentiment in global markets, traders said.…
ANALYSIS: As oil implied vols hit 5-mth low, a $50 equilibrium?
SINGAPORE: A drop in US crude oil implied volatility to its lowest since the financial crisis reached fever pitch last October may suggest that oil traders are beginning to see…
Slumping revenue sees record Egypt budget deficit
CAIRO: Cabinet agreed Wednesday on a new annual budget with a $17 billion deficit, a 36 percent rise from last year, due to a decline in revenues caused by the…
INTERVIEW: Orascom CEO sees 2009 profit up more than 13 pct
SARAJEVO: Property developer Orascom Development Holding expects 2009 profit to increase by more than the 13 percent gain it posted last year, the company s chairman said on Wednesday. The…
Egypt says mediating Mideast prisoner swap talks
CAIRO: A government official says Egypt is still mediating talks between Israel and Hamas on a prisoner swap that would include the captured Israeli soldier Gilad Shalit.The Ministry of Interior…
No way out for Sudanese leader, says war crimes court
THE HAGUE: International war crimes prosecutors Wednesday warned Sudanese President Omar Al-Beshir, who was visiting Egypt, that there was no way of escape as long as he is the subject…
Israel's Peres hails Egypt leader on peace anniversary
JERUSALEM: Israeli President Shimon Peres hailed his Egyptian counterpart Hosni Mubarak on Thursday 30 years after the two countries signed a landmark peace treaty. President Shimon Peres spoke today with…