Joint Indian-Egyptian Phosphate operation secures $250 million loan
ASWAN: The Indo-Egyptian Fertilizers Company SAE (IEFC) signed a loan agreement worth $250 million with the International Finance Corporation (IFC), a World Bank group, at the Cataract Hotel in Aswan…
Hardline Palestinian faction in Cairo for truce talks
CAIRO: Leaders from the radical Palestinian faction Islamic Jihad met with Egyptian officials in Cairo on Sunday amid efforts to get rival factions to cement a Gaza ceasefire, the official…
Egypt arrests 52 Muslim Brotherhood members
CAIRO: Authorities have detained 52 members of the opposition Muslim Brotherhood, a security source said Saturday, ahead of elections for parliament s upper house in which the Islamist group is…
Hamas says it may consider a one-year truce with Israel
Associated Press CAIRO: The Islamic group Hamas may consider a one-year cease-fire with Israel, the organization s deputy political leader said in an interview published Saturday in an Egyptian newspaper.Khaled…
Brotherhood blogger release ordered
Defense says international pressure played major role in decisionCAIRO: The general prosecution in Nasr City issued a release order Wednesday for detained Muslim Brotherhood blogger/journalist Abdel Moneim Mahmoud, lawyer Islam…
Tension rising between the Judges' Club and the Ministry of Justice
CAIRO: Cutting funds to the Judges' Club and ignoring the organization's recommendations in decisions that directly affect the judiciary, are the two main reasons for the tension between the Judges'…
South Korean Stock Exchange signs memorandum with Case
CAIRO: The Cairo and Alexandria Stock Exchange (Case) and Korea Exchange, Inc. (KRX) signed a Memorandum of Understanding (MOU) Thursday to facilitate exchange of information between both exchanges. Inherent in…
Dubai's Mashreqbank plans to open branches in Egypt
ReutersDUBAI: Mashreqbank, Dubai s third-largest lender by market value, said on Wednesday it got central bank approval to open branches in Egypt and ruled out bid interest in Alwatany Bank…
Rachid, Moussa to attend economic form in St. Petersburg
CAIRO: Minister of Trade and Industry Rachid Mohammed Rachid and Arab League Secretary General Amr Moussa will attend the 11th International Economic Forum in Saint-Petersburg on June 8-10, said Alexander…
Attempts to restore "Cairo's Belle Époque"
CAIRO: Walking down the streets of Downtown Cairo in the early 20th century was similar to taking a stroll along the streets of 19th century Europe. The unique architecture combined…