Economic reform helps attain 7 percent growth
Egypt s economic reform programs will help increase economic growth rates to 7 percent by the end of 2007, said Governor of the Central Bank of Egypt (CBE) Farouk El-Okda…
Orascom Telecom downgraded to "neutral"
HSBC downgraded Egypt s Orascom Telecom to neutral from overweight , saying the company had reported weak first-quarter results. The brokerage cut its price target on the telecommunications company to…
Local housing stocks pull market up
Local housing stocks bounced back on Thursday, more than offsetting the decline in market heavyweight Orascom Telecom, which closed at the lowest level since mid-December.Egyptian Resorts gained 1.7 percent to…
Egypt shuns US competitors, sends prices lower
KANSAS CITY: News that Egypt favored US competitors in its latest wheat purchase helped push hard red winter wheat futures lower at the Kansas City Board of Trade on Thursday…
Egypt, Angola Qatar secure seats on UN Human Rights Council
Associated PressUNITED NATIONS: Egypt, Angola and Qatar easily won seats on the council despite opposition from human rights groups that said they did not deserve a spot on the council…
Iran ready for full diplomatic ties with Egypt
CAIRO: Iranian President Mahmoud Ahmadinejad has indicated that Iran is willing to restore full diplomatic relations with Egypt the "very day Cairo agrees, in comments made on Tuesday.Quoted by the…
Regional powers want Hamas weakened, says expert
Mubarak calls for Palestinian infighting to endCAIRO: As recent fighting between Palestinian factions continues, regional and international support for Fatah over the elected Hamas is the reason behind the tenuous…
NDP nominates 97 for Shoura Council election, Al Wafd withdraws
CAIRO: President Hosni Mubarak has approved the final list of candidates representing the ruling National Democratic Party (NDP) in the coming Shoura Council (Upper House of Parliament) elections scheduled to…
Meditation: the art of relaxation
Seven years ago, I was one of the non-converted. At the end of the one and a half hour Ashtanga yoga session, the class was ordered to sit cross-legged on…
HEALTH MATTERS: Can an Aspirin a day keep the doctor away?
Years ago, while I was studying pharmacology, aspirin was viewed as a useful drug for relief from pain, fever and inflammation, and for preventing heart attacks and strokes. However, its…