BUSINESS RECAP: Government to settle public company debt by mid-2008

CAIRO: Minister of Investment (MOI) Mahmoud Moheiddin announced Saturday the government plans to settle LE 10 million in remaining public company debt by June, 2008. About LE 2.5 billion of…

Ahmed A. Namatalla Ahmed A. Namatalla

Shares flat, EFG-Hermes drags after results

CAIRO: Shares ended flat on Thursday with investment bank EFG-Hermes dropping after posting 2006 net income of $123 million, double what it earned in 2005 and in line with market…

Reuters Reuters

Men-free tourism island planned

TEHRAN: Iran plans a female-only island to boost tourism in a northwest province, the Tehran-e Emrouz newspaper on Wednesday quoted a local official as saying. It will be on the…

Reuters Reuters

Unicef's Veneman assures Egypt can achieve its Millennium Development Goals

CAIRO: Following the conclusion of her three-day-visit to Egypt on Tuesday, Ann Veneman, Executive Director of Unicef said she was impressed that Egypt is well on track to achieve its…

Jumana Shehata Jumana Shehata

Student blogger receives four year prison sentence

CAIRO: Egyptian blogger Abdel Kareem Soliman Amer, better known by his blog alias 'Kareem Amer', was sentenced to four years in prison for defaming Islam and President Hosni Mubarak on…

Alexandra Sandels Alexandra Sandels

National blood drive will save lives, says doctor

A country-wide blood donation campaign launches to make up for plummeting rates. CAIRO: A public blood donation campaign has intensified recently to counter the dramatic fall in the number of…

Ahmed Maged Ahmed Maged

Noise is my hobby, says Italian musician who is recycling Cairo's street sounds

CAIRO: Imagine these sounds: Tchuk! - a door shuts close, Chhsschsh - the static sounds on the radio between stations, or Beeeeep - a car horn blasts. Banal? Annoying? Not…

Daily News Egypt Daily News Egypt

Britain tiptoes away in the darkness

"What all of this means is not that Basra is how we want it to be. But it does mean that the next chapter in Basra's history can be written…

Daily News Egypt Daily News Egypt