Famed Nefertiti bust a fake, says Swiss art historian

PARIS: The bust of Queen Nefertiti housed in a Berlin museum and believed to be 3,400 years old in fact is a copy dating from 1912 that was made to…

AFP
AFP

Afghan music school emerges from ruins

Two teenage violinists scrape their way through a French gavotte in a chilly classroom at Afghanistan s only high school for music, a bleak building and one-time ruin of Kabul…

Daily News Egypt

Egypt unemployment rises to 9.4 percent

CAIRO: Egypt s unemployment has climbed to 9.4 percent in the first quarter of 2009 due to the global economic crisis.The Middle East News Agency has cited the official Central…

AP
AP

Saudi prince sells stake in Red Sea luxury hotel

RIYADH: Billionaire Saudi Prince Alwaleed bin Talal s Kingdom investment group said on Tuesday it has sold its shares in a luxury hotel in an Egyptian Red Sea resort, its…

AFP
AFP

OCI, partner to build Cairo retail center

Egypt s Orascom Construction Industries said on Wednesday its joint venture with Al-Futtaim Carillion had secured a $340 million deal to build a retail center in Cairo. OCI s share…

Reuters

Chrysler dealer network outside N. America intact for now

DUBAI: US automaker Chrysler said on Tuesday its organization outside North America would not be affected by a bankruptcy filing at home or its planned alliance with Fiat SpA. Chrysler…

Daily News Egypt

Egypt indexes follow global markets up

CAIRO: Egypt s main stock indexes followed global stocks up on Thursday as growing confidence saw foreign investors buy into blue chip stocks. World stocks rose more than one percent…

Daily News Egypt

Shell, BP, Petronas win offshore Egypt gas block

CAIRO: Shell, BP, Petronas consortium has won a gas concession block off Egypt s Mediterranean coast, a source close to the deal said on Thursday.The consortium won the bid for…

Daily News Egypt

Israeli PM to visit Egypt on Monday

JERUSALEM: Israeli Prime Minister Benjamin Netanyahu will travel to Egypt to meet President Hosni Mubarak on Monday in his first official trip abroad, a senior official told AFP on Wednesday.…

AFP
AFP

Merkel links Mideast, Iranian nuclear issue

BERLIN: German Chancellor Angela Merkel said Wednesday that progress in the Middle East peace process would boost the chances of the West ending its standoff with Iran over its disputed…

AFP
AFP