Israeli gas exports not my jurisdiction, says Mufti
CAIRO: An Islamic ruling on Egypt s exportation of gas to Israel needs a study of the entire file first and it is not within the Mufti s scope of…
Turkish FM denounces British orphanages film
Turkey s foreign minister on Friday criticized an undercover documentary about disabled children in Turkey featuring a former member of the British royal family, saying it offended the Turkish people.In…
Retail enthusiasm buoys Egyptian stocks
CAIRO: Egyptian stock indexes rose on Monday, energized by heavy buying across the board by retail investors riding a wave of renewed confidence in the market as global stocks surged,…
Arabs lament lack of dialogue with West on Iran nuclear file
SHARM EL-SHEIKH: Arab diplomats complained on Sunday about a lack of dialogue with the West over Iran s nuclear ambitions during a briefing on the crisis by EU Foreign Policy…
Mubarak in first visit to south Sudan
JUBA: President Hosni Mubarak flew to the southern Sudanese capital Juba for the first time on Monday after discussing the Darfur crisis with President Omar Al-Beshir in Khartoum.Mubarak met with…
MB to boycott PA internal elections
CAIRO: The Muslim Brotherhood will boycott the upcoming People's Assembly (PA) internal elections set to take place on Wednesday, Saad Al-Katatny, head of the brotherhood's parliamentary bloc said. The MB's…
Financing trade key to sustaining growth, say experts
CAIRO: As fears of global recession and tight lines of credit begin to suffocate trade in vital parts of the world, several finance providers gathered Monday in Egypt to give…
Pharos facilitates Solvay, Alexandria Sodium Carbonate deal
CAIRO: Egypt-based investment bank Pharos Holding facilitated Solvay Group's complete acquisition of Alexandria Sodium Carbonate Company (ASCC), the bank said in a press statement. Solvay Group, which manufactures sodium carbonate,…
Inflation sees slight drop to 20 pct
CAIRO: Driven by a decline in food prices, inflation in Egypt fell for the second consecutive month to 20.2 percent in the year to October. In the midst of a…
Cairo stands up for comedy
ARABS GONE WILD HAS AUDIENCES SHOOTING HUMMUS OUT THEIR NOSES "What's up with these new cigarette packs? Are they collector's items? asked comedian Dean Obeidallah, "I got the guy with…