Local sports in 2008: achievements, failures and disputes
CAIRO: Sports in 2008 was more like a fluctuating chart: football and individual sports' victories intertwined with Olympic disappointments and administrative conflicts on the local scene. "Winning the African Cup,…
Al-Weeshi reveals Zamalek interest
CAIRO: Arab Contractors striker Reda Al-Weeshi said Zamalek opened talks with him over a possible move in January. I m ready to join them once an official bid is tabled,…
Egypt index rises on foreign buying on OCI
CAIRO: A surge of buying by institutional investors on market heavyweight Orascom Construction Industries (OCI) saw Egypt s benchmark CASE 30 index rise more than 3 percent on Tuesday. OCI…
Egypt to cut some import tariffs to zero pct, says paper
CAIRO: The Egyptian government plans to cut import tariffs on some capital and intermediary goods to zero percent from between 2 and 5 percent to boost investment, the daily newspaper…
Oil dips below $40 over world economic concerns
VIENNA, Austria: Resurfacing concerns over the world economy sent crude prices lower Tuesday, eclipsing fears that the Israeli attack on Gaza could inflame tensions in the oil-rich Middle East.Prices have…
Turkish PM plans regional tour over Gaza conflict
ANKARA: Turkish Prime Minister Recep Tayyip Erdogan will embark on a tour of Syria, Jordan, Saudia Arabia and Egypt this week in a bid to ease regional tensions after Israel…
Israeli warplanes continue strikes, kill two sisters
GAZA CITY: Israeli aircraft kept up a relentless string of assaults on Hamas-ruled Gaza on Tuesday, smashing a government complex, security installations and the home of a top militant commander…
Rafah crossing to remain closed until PA regains Gaza, says Mubarak
CAIRO: President Hosni Mubarak said Tuesday in a televised address that the Rafah border crossing will remain closed until Palestinian Authority (PA) President Mahmoud Abbas regains control of the Gaza…
