Capturing the spirit of Sufi worshippers
Shems Friedlander's name is associated with Sufism, whirling dervishes and spirituality. In any medium Friedlander chooses, whether documentary film, photography, writing or painting, his audience immediately recognizes his passion for…
Rachid increases some steel export duties; defends February's levied duties on cement
Beshay Steel lowers ex-factory rebars price to LE 3,250 per ton CAIRO: The Ministry of Trade and Industry (MTI) raised the export duty for select steel products Wednesday from LE…
Opposition groups urge all Egyptians to boycott referendum
CAIRO: Mohamed Habib, deputy chairman of the Muslim Brotherhood (MB), announced that his group will boycott Monday's referendum on the amendments to the constitution.He says the MB, the largest and…
Israel must come up with peace offer: Arab League chief
AMMAN: Arab League chief Amr Moussa on Tuesday said an Arab summit later this month expects Israel to make a serious offer on peace instead of resorting to tricks to…
EISA to develop new rules on investment quotas of insurance funds
CAIRO: The Egyptian Insurance Supervisory Authority is close to developing new models and regulations for investment of local insurance funds.Sources told reporters on Tuesday that the bulk of insurers investment…
Higher unemployment weighs heavily on economic growth in Egypt
CAIRO: The official unemployment rate in Egypt rose to 10.9 percent in FY2005-2006 compared with 10.5 percent in FY2004-2005, according to recent reports from the Ministry of Finance.Economists say the…
Egyptian Tourism for Resorts leads dip in Egypt shares
CAIRO: Egyptian share indexes edged down on Tuesday led by Egyptian Tourism for Resorts which saw its stock hit by profit-taking as the session s most heavily traded share by…
The Euro-Med Youth Parliament simulation ends on the right note
ALEXANDRIA: Following a rigorous selection processes in their home countries and months of preparation, participants from the Middle East and North Africa region initiated the first Euro-Mediterranean Youth Parliament (EMYP)…
New Seven Wonders vote gains momentum
CAIRO: Organizers of the New Seven Wonders of the World vote-based ranking of a new set of world wonders, recently announced 21 finalists in the first-ever global poll.The seven winners…