Despite Egyptian mediation, Gaza plunges into violence
ReutersGAZA: The Palestinian interior minister resigned on Monday, rocking a two-month-old unity government, after the biggest surge in factional fighting in months revived fears of civil war. Despite an Egyptian-brokered…
EU presidency urges support for Arab Mideast peace initiative
BRUSSELS: The European Union s German presidency said Monday that the revived Arab League peace initiative for the Middle East must be given a chance to succeed. EU foreign ministers…
Wife of jailed Egyptian opposition leader blasts US
Associated Press CAIRO: The wife of jailed dissident blasted the Bush administration on Sunday for failing to pressure Egyptian President Hosni Mubarak into making democratic reforms.Gamila Ismail, the wife of…
Egypt did not waive Iraqi debts, says Mubarak
CAIRO: Egyptian President Hosni Mubarak has denied that Egypt had forgiven all Iraqi debts to Cairo in comments published in a newspaper on Sunday. Iraqi Finance Minister Bayan Jabor had…
Egypt upper house elections set for June 11
President Hosni Mubarak announced on Friday that the first round of elections for the country s upper house of parliament will be held on June 11, the official MENA news…
China UnionPay cards to be officially acceptable in Egypt
Holders of Chinese UnionPay banking cards will be able to pay for their shopping, dining, travel and medical bills and draw cash in local currency in Egypt in June, said…
CIB Q1 net profit jumps 42 percent
Commercial International Bank (CIB), one of Egypt s top private banks, said on Sunday its net profit in the first quarter of 2007 rose 42 percent to LE 266 million…
Mubarak denies plans for Saudi-Egypt causeway
CAIRO: Egypt on Sunday denied there were any plans to build a causeway linking Saudi Arabia to Sharm El-Sheikh, saying such a project would be bad for tourism in the…
Egypt median o/n interbank rate steady at 8.76 pct
CAIRO: The median overnight interbank rate on Egypt s pound was nearly unchanged at 8.76 percent on Sunday from Thursday s 8.763 percent, with the market liquid in the absence…
