Carnegie Endowment report says Egypt is ready for democracy
CAIRO: With an inevitable political turnover facing Egypt's incumbent regime, the time may be ripe for a new wave of democratization and political liberalization, claim three experts from the Carnegie…
Egypt, Jordan visit to Israel not Arab League mission
Associated PressCAIRO: The foreign ministers of Egypt and Jordan due to visit Israel later this month will only be representing their countries, not the Arab League, Egypt s chief diplomat…
Egypt sells 5-yr local currency bond worth $1.1 bln
NEW YORK: Egypt sold $1.05 billion worth of a five-year bond payable in dollars but denominated in Egyptian pounds, lead managers said on Thursday.The LE 6 billion, 8.75-percent-coupon bond was…
Egypt Suez Canal revenues rise in June
ISMAILIA: Egypt s revenues from the Suez Canal climbed to $358.8 million in June 2007 from $318.1 million in the same month a year earlier, the Suez Canal Authority said…
Egyptian shares edge down on profit taking
CAIRO: Egypt s two main indexes dipped on Thursday for the second consecutive session as investors harvested the week s earlier gains in blue-chips led by Orascom Construction Industries, traders…
Danish court acquits lawmaker of defamation in Prophet cartoons case
COPENHAGEN, Denmark: The leader of a nationalist party was acquitted Friday of calling Islamic leaders traitors after they had sought support in the Middle East against a Danish newspaper, which…
New law to curb accident rates proves ineffective
CAIRO: A new decree issued by Interior Minister Habib El Adly prohibiting trucks from using the 26th of July Corridor (Mehwar) has not helped decrease accident rates so far, residents…
Basic needs met in Gaza but economy near collapse
JERUSALEM: While humanitarian aid flows into the Gaza Strip are meeting most of the basic needs of the Palestinians, industries are unable to export their goods. This has lead to…
