Talaat Moustafa surges, leads Egypt bourse up
CAIRO: Developer Talaat Moustafa surged about 9 percent on Sunday, helping Egypt s benchmark index CASE 30 extend gains for a second session.Talaat Moustafa gained 8.9 percent to last trade…
Egypt arrests 11 African migrants at Israel border
AL-ARISH: An Egyptian security official says border guards have arrested 11 African migrants in a pair of incidents near the Israeli border.The official says the first group of nine Eritrean…
Four Arab countries try to reconcile Fatah, Hamas
CAIRO: Although Egypt is considered the leading mediator between Hamas and Fatah, reports indicate that Yemen, Jordan and Qatar have also joined the mediation efforts. The latest weekend reports by…
Egypt: Iran should reassure West on nuclear issue
ALEXANDRIA: Iran should not present the Western nations justification for war on a silver platter in the conflict over its nuclear program the way Saddam Hussein of Iraq did, Egypt…
Interior ministry to pay million in compensation to Islamist detainees, say reports
CAIRO: The Ministry of Interior has agreed to pay compensations of up to LE 25 million to approximately 1,000 detainees from Islamist organizations who were convicted and detained in the…
Gold prices lose some luster, but Egyptian demand stays robust
CAIRO: "When paper money systems begin to crack at the seams, libertarian economist Harry Browne once said, "the run to gold could be explosive. It seems the opposite is also…
Rames Hilton welcomes new manager
Hilton's Mahmoud Mokhtar, country manager for Egypt hotel operations, announced the appointment of Haitham Nassar as the general manager for the Ramses Hilton, effective August 1. "Haitham is an experienced…
MP demands investigation in bourse's 'panic attack'
CAIRO: On the heels of the bourse crash last week, opposition MP Mohamed Moustafa Sherdy submitted an inquiry to the Prime Minister and Minister of Finance, demanding a probe into…
14th Sarajevo Film Festival opens with Snow'
The 14th Sarajevo Film Festival kicked off Friday with a screening of Aida Begic s debut feature Snow, about life in a village in postwar Bosnia.The movie was honored in…
A KHAWAGA'S TALE: Drenched under storm clouds
TAUNTON, Somerset: The storm clouds have gathered this past week, and not only over Somerset's county cricket ground, but the Caucasus, the global economy and the Olympics are getting an…