Oil rises above $107 on banking rescue plan
LONDON: Oil rose above $107 a barrel on Monday, continuing a rally sparked by the United States rescue plan for its financial sector. Sweeping government measures to rescue the financial…
Egypt shares return to losses, EFG-Hermes leads
CAIRO: Egypt s main indexes fell on Monday, a day after recording its highest single-day gain in 18 months, as profit-taking dominated the market and international turmoil hit investment banks…
Muslim support for suicide attacks, bin Laden down, says poll
WASHINGTON: The number of Muslims around the world who say suicide attacks are acceptable has fallen sharply in the past six years, as has Muslims confidence in Osama bin Laden,…
19 tourists and Egyptians kidnapped in Southern Egypt
CAIRO: Eleven tourists and eight Egyptians were kidnapped by a masked gang in Karkur Talh in the remote southern area of Gilf El-Kabir near the Sudanese border, officials announced Monday.…
Egypt's Trade Ministry gives Gulf steel seal of approval
CAIRO: The Ministry of Trade and Industry announced this week its intention to allow the importation of Gulf steel into the Egyptian market in a move that some hope may…
CBE moves to monitor mortgages
CAIRO: The Central Bank of Egypt last week demanded that banks and mortgage finance companies report more detailed information about their mortgage finance facilities on a quarterly basis, Al-Mal reported.The…
'Mad Men' and 30 Rock' win top Emmys
The sleek 60s drama Mad Men made Emmy history Sunday as the first basic-cable show to win a top series award, while the sitcom 30 Rock and its stars Tina…
A KHAWAGA'S TALE: An afternoon at Cairo's Ryder Cup
A desert fox was seen trotting around the JW Marriott golf course on Saturday, as American and European amateur golfers teed off in a shot-gun start, on the second day…
Egypt archives its monuments through aerial and terrestrial photography
CAIRO: The Supreme Council of Antiquities (SCA) has completed the first phase of its historical documentation process of monuments in the city of Habu in the western bank of Luxor…