Egypt index up in low volumes
CAIRO: Egypt s main stock index edged higher on Monday in very low volume trade as trading suspensions and holidays kept foreign investors away and locals eyed building firms, traders…
Newspaper publishes details of Obama's upcoming visit to Egypt
CAIRO: The Egyptian daily Al-Masry Al-Youm published Monday a detailed schedule of US President Barack Obama's upcoming visit to Egypt June 4.Obama is due to address the Muslim world from…
PA approves increase in lawsuit fees
CAIRO: The People's Assembly (PA) approved Sunday an increase in lawsuit fees, a move which stirred much controversy when proposed earlier this year.Under the new law, the fees for filing…
Exiled Saad Eddin Ibrahim's jail sentence overturned
CAIRO: A judge overturned Monday the conviction and two-year prison sentence of an exiled Egyptian-American academic and outspoken critic of the regime, paving the way for his return home.Saad Eddin…
Experts tackle affordable housing at Euromoney conference
CAIRO: Experts and industry insiders discussed financing and supplying affordable housing for the Egyptian market at Monday's third annual Euromoney Egypt Housing Finance Conference. Experts from the real estate, mortgage…
Egypt needs more infrastructure projects, says Mohieldin
CAIRO: Egypt needs to up spending on infrastructure projects, Investment Minister Mahmoud Mohieldin said Monday at a housing finance conference in Cairo. While the construction industry has grown at twice…
Terminator franchise can still be saved
Terminator Salvation, the new 'us-versus-machines' blockbuster, immediately presents a number of quandaries.The title, for example, could signal that this is the concluding opus to the 25-year franchise.In theological terms, salvation…
After the summit
There s a sigh of relief that President Barack Obama and Prime Minister Benjamin Netanyahu made it through their first official meeting with no apparent harm done to US-Israel comity.…
The Terror Next Door
LONDON: In a prominent hadith, the Prophet Mohamed said: "If disorder threatens, take refuge in Yemen. The Prophet was referring to the prosperous and civilized Yemen. But today disorder and…