The shock of history: Roth remembers the 1950s
Philip Roth, 75 and the author of more than 20 novels, is thinking about a strange and distant era: his college years. I think that what happens is that as…
OCI says will buy back up to 5 pct of shares
CAIRO: The board of Orascom Construction Industries has approved the buyback of up to 5 percent of outstanding stock, the company said in a statement.The share buyback program would seek…
Short-selling set to debut in Egypt as the West moves to curb it
CAIRO: Short-selling, one of the financial world s most widely-scrutinized practices, will begin in Egyptian markets over the next few days, according to officials at Misr for Central Clearing, Depository…
Egypt index bounces higher after Wall Street bailout
CAIRO: Egypt s main indexes ended sharply higher on Sunday, buoyed by sharp increases in heavyweight stocks after the US government announced a $700 billion bailout plan for Wall Street.…
Boutros-Ghali says worst "is behind us" in inflation
CAIRO: Finance Minister Youssef Boutros-Ghali said on Sunday that the country had gone through the worst phase of inflation, and lower global food prices would bring the inflation rate down.…
Zawahri says Duweiqa rockslide indicative of corruption
CAIRO: Al-Qaeda's second in command Egyptian Ayman Al-Zawahri said the Duweiqa rockslide was indicative of the corruption of governments of Muslim countries, in an audio message released Friday.Stating that these…
Blair's sister-in-law leaves Gaza month after breaking blockade
GAZA CITY: Lauren Booth, the sister-in-law of former British Prime Minister Tony Blair, left the Gaza Strip on Saturday nearly a month after sailing in to protest an Israeli blockade…
Fatah delegation in Egypt ahead of inter-Palestinian talks
CAIRO: Members of Palestinian president Mahmoud Abbas' Fatah movement arrived in Egypt on Sunday for talks with officials aimed at starting a national dialogue between rival factions, the MENA news…
Is Egypt's growth threatened?
CAIRO: The Egyptian economy posted its biggest growth rate of the past 20 years, but a slowing European economy combined with inflation are casting a shadow over future GDP expansion.…