Japan hails trade fair to boost Africa investment
YOKOHAMA: A trade fair aimed at boosting paltry levels of Japanese investment in Africa and increasing commercial ties was Sunday hailed as a success, with hundreds of contacts made.Japanese businesses…
Police uncover weapons cache inside a Sinai mountain
AL-ARISH: An Egyptian police official says boxes of ammunitions, RPGs and anti-aircraft missiles have been uncovered inside a mountain in the northern Sinai peninsula.The official, who spoke on condition of…
Three April 6 detainees released
CAIRO: Three men detained in connection with the events of April 6 in Mahalla were released Saturday, lawyer Ahmed Ezzat told Daily News Egypt.Kamel El-Fayyoumy, Karim El-Beheiry and Tareq Amin…
Steel prices still uncertain, price gouging continues
CAIRO: Steel costs continued to fluctuate over the weekend, with reports of prices ranging from LE 6,000 to LE 8,000 per ton, despite rules passed by the Ministry of Trade…
Dow Chemicals IMEA business booms
CAIRO: The Dow Chemical Company reported sales of $14.8 billion for the first quarter of 2008, with particularly strong demand in the India, Middle East and Africa (IMEA), the company…
$40 mln joint venture for business hotels in Egypt
DUBAI: Orascom Hotels Holding, SHUAA Hospitality Fund and Rotana Hotel Management Corporation recently announced a joint venture that will invest $40 million into developing budget business hotels in Egypt.The hotels…
A KHAWAGA'S TALE: The Kiwis are in town
On Friday night, Cairo's New Zealand community, a couple of pussy cats (see photo) and various hangers-on, convened at the Cairo Rugby Club under the patronage of HE Rene Wilson,…
Referendum farce in Burma
PRAGUE - The enormous suffering of the Burmese people caused by the recent cyclone, which has caused tens of thousands of deaths, deserves the sympathy of the entire world. But…
A credible peace process
Hamas just offered Israel a 10-year long truce. This is an important opening that could allow Israel and the United States to start engaging Hamas in the political process, either…
High noon in the Middle East
A hitherto latent rivalry between Iran and Israel thus has been transformed into an open struggle for dominance in the Middle East. The result has been the emergence of some…