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…
IMF chief: China currency proposal 'interesting'
PARIS: IMF chief Dominique Strauss-Kahn says a discussion over China s call for a new world currency is absolutely legitimate and is likely to take place in coming months.Strauss-Kahn says…
Six Arab countries host David Greig's 'Damascus'
The British Council is organizing a regional tour of the British play "Damascus written by David Greig, during March and April of this year in Egypt, Syria, Lebanon, Jordan, Tunisia,…
An uneven combo of 'Carmina Burana' and 'Bolero'
Carmina Burana and "Bolero are two vastly different ballets currently combined in one performance at the Cairo Opera House. Accompanied by the Cairo Opera Ensemble and the Munich Percussion Ensemble,…
Steve Bell's key to cartooning
There's always a key to unlocking a character, celebrated British cartoonist Steve Bell said.Margaret Thatcher's "mad left eye, for instance, was Bell's key to depicting the former British prime minister.…