Stakes also high for Egypt at mideast summit, analysts say
CAIRO: Egypt expects Israel to make generous gestures to bolster Palestinian president Mahmud Abbas at Monday s summit in Sharm El-Sheikh in order to further isolate the Islamist Hamas, analysts…
Egypt moves embassy from Gaza to West Bank
EU restores full ties with Palestinian authorityCAIRO: Egypt moved its embassy from Gaza to Ramallah in the West Bank Tuesday in a clear sign of its support for Palestinian President…
Quartet meeting cancelled due to Palestinian Crisis
The Quartet meeting scheduled to take place in Cairo on June 26-27 has been cancelled for a later date, yet to be determined, the press office of the Ministry of…
Inter-Build showcases over 1,000 companies
CAIRO: The 14th International Conference and Exhibition for Building and Construction, Inter-Build, kicked off on June 21 at the Cairo International Conference Center, where over 1,000 companies displayed their products…
Egyptian shares dip on profit taking, housing up
CAIRO: Egyptian shares fell on Thursday from profit taking on EFG-Hermes and Mobinil , dealers said, one day after the benchmark Hermes index reached an all-time closing high. The whole…
Egypt median o/n interbank steady at 8.755 pct
CAIRO: The median overnight interbank rate on the Egyptian pound remained steady at 8.755 percent on Thursday in a liquid market, traders said. The market has been very liquid for…
Mobinil likely to buy 3G license in 2007-CEO
ReutersCAIRO: Egyptian mobile operator Mobinil will likely apply for a third-generation (3G) license this year, Chief Executive Alex Shalaby said on Tuesday. My recommendation to the board is that we…
Egypt benchmark Hermes index hits all-time high
CAIRO: Egypt s benchmark Hermes stock index hit an all-time high on Wednesday led by investment bank EFG-Hermes, which rallied to a one-year high after breaking a key technical price…
Veiled anchor on Egyptian local TV breaks the stereotype
CAIRO: Hala El-Malky, a presenter on Channel Five, will be the first veiled anchor to appear on a local Egyptian television station.El-Malky was not allowed to appear on TV after…
