Zell sees Brazil, Egypt best for property investment
NEW YORK: Brazil, Egypt, Mexico and China remain some of the best places for property investments as the global financial crisis drags on, real estate mogul Sam Zell said on…
NATO, Israel boost anti-terror cooperation: official
BRUSSELS: NATO and Israel agreed Tuesday to boost cooperation in the fight against terrorism and to increase military ties, an alliance official said. We have updated, to reinforce it, the…
El-Fiqi lashes out at Hamas
CAIRO: Mustafa El-Fiqi, who heads Parliament's foreign relations committee, has lashed out at Hamas, saying the Palestinian group won't be allowed to set up an "Islamic emirate in the Gaza…
Egypt willing to participate in anti-piracy missions
CAIRO: Egypt is prepared to participate in any UN-sponsored mission to guard ships from piracy off Somalia's coast but it is opposed to unilateral action, cabinet spokesman Magdy Rady said…
Egypt against Iran 'developing nuclear weapons'
CAIRO: Egypt supports international efforts aimed at preventing Iran from acquiring nuclear weapons, Foreign Minister Ahmed Aboul Gheit said on Wednesday.But he also warned against taking military action against the…
Shoura Council approves new civil universities law
CAIRO: The Shoura Council approved the new civil universities law despite a request filed by the People's Assembly's education committee to review it, Aly Laban, committee member, said.The new law…
Mansour joins the race for Lawyers' Syndicate chairman
CAIRO: The controversial race for Lawyers Syndicate chairman heated up Tuesday with the nomination of Judge Mortada Mansour.Mansour, who filed his application Dec. 2, said his goals are to restore…
Trade Ministry sets LE 7 bln stimulus package
CAIRO: Minister of Trade and Industry Rachid Mohamed Rachid announced Tuesday a LE 7 billion support package "to maintain the current levels of investments in industry and trade. In a…
News in brief
Egypt's inflation dips to 20.9 pct in year to November Consumer inflation in Egypt fell to 20.9 percent in the year to November from 21.2 percent in the year to…