Egypt welcomes Sudan's decision to allow UN forces into Darfur
UN brands sex allegations as "false CAIRO: After years of intense diplomacy, the Sudanese government finally agreed Tuesday to allow UN forces to enter Sudan jointly with African Union (AU)…
Egypt says 'hidden hands' behind Palestinian infighting
CAIRO: Egyptian Foreign Minister Ahmed Aboul Gheit claimed Tuesday that hidden hands are behind deadly Palestinian infighting and called on all factions to be mature in their responses. The minister…
Fatah torches Hamas MPs' office in West Bank
NABLUS, West Bank: Fatah-linked arsonists on Thursday set fire to an office used by Hamas MPs in the occupied West Bank, where factional fighting is beginning to spread from the…
Actis acquires a controlling stake in Sinai Marble
Actis, a leading private equity investor in emerging markets, announced today that it has acquired a 70 percent stake in Sinai Holding for Marble & Investments (Sinai Marble). Sinai Marble…
Egypt median o/n interbank steady at 8.756 pct
CAIRO, June 14 - The median overnight interbank rate on the Egyptian pound was steady at 8.756 percent on Thursday, the same as Wednesday s rate, in the absence of…
Egyptian shares rebound, led by OT
CAIRO, June 14 - Egyptian shares rebounded on Thursday when investors showed renewed interest in Orascom Telecom (OT), despite the company s decision to abandon its bid for Telecom Italia…
Egypt shares dip on share price limit lift
CAIRO: Egyptian shares dipped on Wednesday because retail investors sold off after a decision to remove limits on some share price fluctuations, dealers said. The Capital Market Authority said on…
Egypt inflation drops to 10.5 pct in May
CAIRO: Minister of State for Economic Development Osman Mohamed Osman said on Wednesday inflation fell to 10.5 percent in the 12 months to May from 11.7 percent in the year…
Ezz Dekheila to buy back shares, shares jump
CAIRO: Ezz Dekheila Steel plans to buy back 136,677 of its shares from the market, the stock exchange said in a statement on Tuesday.The shares, 1 percent of the Egyptian…
