Egypt bourse slightly up Tuesday, Talaat Mustafa leads
CAIRO: Reuters reported that Egyptian shares rose on Tuesday for the seventh consecutive session, as Talaat Mustafa Group led real estate stocks up on Arab and foreign buying.Talaat Mustafa, which…
Ministry of Tourism to revamp hotel classification system
CAIRO: The Ministry of Tourism is currently developing a new scheme for the classification of hotels in Egypt, ministry spokesperson Hala El-Khatib told Daily News Egypt.The new scheme, which will…
Tribal dispute leads to attacks on border crossing with Israel
CAIRO: A dispute between two Bedouin tribes, in which security forces intervened, led to retaliation by one of the tribes that attacked Al-Oja border crossing with Israel Tuesday, leaving two…
WHO study cites whopping Iraqi death toll since 2003
GENEVA/BAGHDAD: A joint new study conducted by the Iraqi government and the World Health Organization (WHO) estimates that 151,000 Iraqis died from violence in their country between March 2003 and…
Egypt improving efforts against weapons smuggling: US official
CAIRO: Under pressure from the US and Israel, Egypt has significantly improved its efforts at detecting and destroying tunnels used for smuggling weapons across its border into the Gaza Strip,…
Egyptian soldiers found in mass grave near Israel
AL-ARISH: The bodies of 30 Egyptian soldiers believed killed in the 1967 Arab-Israeli War were found in a mass grave in the Sinai desert close to the Israeli border on…
'MEET Dubai' puts global focus on regional investment opportunities
DUBAI: The fast-growing market capitalization of GCC stock exchanges is fanning global investor interest in the region and the wider Middle East, generating an unprecedented level of international attention from…
Egypt's property market 'attractive,' says report
CAIRO: With several hundred housing blocks budding every year, Egypt's property market is gaining momentum vis-à-vis regional and international markets, finds a recent global housing review."We believe Egypt is attractive…
THE REEL ESTATE: The reigning king of a fake empire
Looking back at last year's Reel Estate articles, I realize now that I spent the larger part of 2007 trashing American and Egyptian major productions, although with good reason.For most…