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…
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 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…
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…
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…
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…
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…
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…
Arab League chief meets Beirut leaders on tough mission
BEIRUT: Arab League chief Amr Moussa was on Wednesday holding a second day of talks with Lebanese leaders on a tough mission aimed at bridging the chasm that has paralyzed…
A conversation with Stop the Wall coordinator Jamal Juma'
CAIRO/RAMALLAH: The fragmentation of Palestinian politics following near civil war in Gaza last week is not only unrepresentative of the work of Palestinian civil society but undermines popular unity against…