Egypt to supply 200 MW of power to Lebanon, says minister
BEIRUT: Egypt is to supply power-starved Lebanon with 200 megawatts (MW) of electricity to help it meet a drastic shortfall, Lebanon's Energy Minister Alan Taburian said on Monday."Egypt has an…
Steel prices surge again, Investment Minister announces new plant
CAIRO: In a week that has brought a flurry of headlines to the steel industry, the Egyptian Iron and Steel Company announced its plan to increase steel prices from LE…
Concord's equity fund acquires shares in Lecico Egypt
CAIRO: Concord International Investments announced that its New York-based private equity funds acquired 8.16 percent of Lecico Egypt's share capital, the firm said in a statement. Coral Growth Investments Limited…
Inflation, global stock decline hit Egypt's bourse
CAIRO: Concerns about inflation and the decline in global stock markets dragged Egypt's benchmark CASE 30 index to its lowest in more than nine months on Monday, traders said.The index…
Alexander Solzhenitsyn, Russia's Dante of the gulag
MOSCOW: Alexander Solzhenitsyn, who died Sunday aged 89, ranked with Nelson Mandela as a figure of towering moral authority who for a generation embodied his people s hopes for a…
Representation and oriental dance mark 'Dreams of Al-Andalus'
Last week, a good-sized audience settled into the seats at the Cairo Opera House to watch "Dreams of Al-Andalus, the latest production by Al-Andalus Danza, a Spanish dance company based…
Egypt gets statue back
CAIRO: Egypt's Supreme Council of Antiquities says it has retrieved from the Netherlands a small pharaonic funerary statue - over 3,000 years old - dating back to the 19th Dynasty.The…
Down with UNAIDS, up with health
As the biennial international AIDS industry conference (Aug. 3-8) gathers 25,000 delegates in Mexico, a wind of change is blowing. UNAIDS, the UN's AIDS advocacy body, stands accused of exaggerating…
Can Syria be taken seriously?
Syrian President Bashar Assad appears to be serious about pursuing peace.But just how serious is he? Assad seems to be taking his desire to talk peace with Israel to heart,…