Orascom Telecom may sell IT subsidiaries
CAIRO: Orascom Telecom, the largest Arab telecom firm by subscribers, said on Sunday it was studying an offer for two of its information technology subsidiaries, to increase focus on its…
EU monitors ready to get back to work
ASHKELON: European monitors are ready to resume their assignment on the Gaza-Egypt border at a moment s notice, following an involuntary 20-month break, the head of the mission said.In the…
BREAKING NEWS: Blast wounds 17, allegedly kills four in Cairo
CAIRO: Seventeen people were wounded, including 11 French tourists, three Germans and three Egyptians when a bomb went off in the tourist district of Al Hussein, near the popular Khan…
Egypt sees danger if Beshir warrant issued
CAIRO: Egypt warned on Sunday of dire repercussions if an international arrest warrant is issued for Sudanese President Omar Al-Beshir just as steps are being agreed towards ending the six-year…
Rafah crossing opened for Palestinian students and patients
CAIRO: The Rafah border crossing was opened Sunday to allow Palestinian students, patients and residents of other countries to cross through via Egypt, according to sources in the area.About 1,000…
FDI inflows expected to fall, say analysts
CAIRO: The last few years have seen net foreign direct investment (FDI) in Egypt soar in an atmosphere of economic reform and growth, but the picture these days is not…
USAID director warns of trade protectionism
CAIRO: A global lurch into protectionism could make the financial crisis much worse, said acting mission director of USAID-Egypt on Thursday."Amid challenging times that we live in today.we've seen the…
Wrestler' wins top indie honors at Spirit Awards
The sports comeback tale The Wrestler was picked as best picture Saturday at the Spirit Awards honoring independent film and won two other prizes, including best actor for Mickey Rourke.A…
A KHAWAGA'S TALE: A diving paradise in Hurghada
The Red Sea scuba diving industry will experience a shakeout in 2009 as the ISO standards come online on March 31, forcing the less professional operators to the surface.The ISO…