Mobinil falls after UBS report, Egypt stocks down
CAIRO: Mobinil, Egypt s largest mobile operator by subscribers, posted its sharpest single-day decline in almost three weeks on Tuesday, weighing on Egypt s market, after UBS lowered its price…
Egyptian border guards wound Sudanese migrant
RAFAH: An Egyptian medical official says border guards have wounded a Sudanese migrant who was trying to cross illegally into Israel.Imad Kharboush, head of the emergency unit at El-Arish Hospital,…
Egypt uncovers eight Gaza smuggling tunnels
EL-ARISH: Egyptian authorities have discovered eight tunnels used for smuggling goods in to the Gaza Strip, a security official said on Tuesday. Since Saturday, authorities have found eight tunnels linking…
Islamist leader takes Norway to European rights court, says lawyer
OSLO: Mullah Krekar, founder of Ansar Al-Islam, has filed charges with Europe s human rights court against Norway, where he lives, for inhuman treatment, his lawyer said Tuesday. We lodged…
Egypt names new envoy to Israel
CAIRO: Egypt says it has named a new ambassador to Israel to replace its outgoing envoy.A Foreign Ministry statement issued Tuesday says the new ambassador will be Yasser Ridha, a…
Zawahiri not believed to be dead or wounded, says US intelligence
WASHINGTON: US intelligence has no reason to believe Al-Qaeda s number two was killed or wounded in a recent missile attack in Pakistan, US officials said Monday.CBS News reported Friday…
US ambassador's translated remark on Ibrahim verdict causes media fury
CAIRO: The Egyptian media's reaction to the translation of the US ambassador's remark on the verdict handed down to democracy advocate Saad Eddin Ibrahim was scathing. One commentator urged the…
Egypt churches reject potential US intervention
CAIRO: The split in Coptic opinion over foreign interference in Egypt's internal affairs once more reared its head Monday, as international Coptic organizations called for American action to protect Christians…
Egypt mobile subscribers to reach 57 mln by 2010, predicts study
CAIRO: When watching taxi drivers text in slow-moving traffic, groups of teenage girls each chatting on their respective mobiles, and the lengthy lines at shops selling the latest blackberry and…
EFG-Hermes research ranked top in region
CAIRO: EFG-Hermes was named the top research house in the region in Euromoney s Annual Middle East Equity Research Poll. One of the leading investment banks in the Arab world,…
