Egypt to retrieve stolen mummy hairs in France
CAIRO: Egypt sent an archaeological team to France on Thursday to retrieve 3,200-year-old strands of hair from the mummy of Pharaoh Ramses II, who presided over an era of great…
Emaar closes $142m deal for Egyptian subsidiary
CAIRO: Officials at Emaar Properties announced that the company has completed a $142 million deal to take full ownership of its Egyptian subsidiary, Emaar Misr, Guf News reported.They explained that…
Foreign direct investments increased to $6.1 bln
CAIRO: Minister of Investment Mahmoud Mohieddin, during his visit to France, held a series of meetings with representatives of more than 20 financial institutions, investment banks and real estate firms,…
Suez Canal fees rise nearly three percent, says authority
ISMAILIYA: Transit fees for ships using Egypt s Suez Canal increased on Sunday by an average of nearly three percent, the canal authority said, in the second such increase in…
Israeli intelligence claims are attempt to deflect from Arab peace initiative
CAIRO: Claims by Israeli intelligence that Iran, Syria and Hezbollah are preparing for the possibility of a US attack on Iran in the summer, is an attempt to cast confusion…
God bless Ehud Olmert
Call it a master stroke.Israel Prime Minister Ehud Olmert's surprise announcement on Sunday calling for a regional peace conference is bound to shame the purportedly successful Riyadh Summit.Last week, Arab…
OCI net income up 57 percent on strong construction, cement performance
Company continues MENA expansion; plans to add 10 million tons to cement production capacity in next 6 months CAIRO: Orascom Construction Industries (OCI) reported late last week net income reached…
Egypt Air, not Egypt Scare
LONDON: I disembarked at Heathrow Airport on Friday, happy and safe from my EygptAir Flight 0777, an airline that doesn't deserve its moniker, Egypt Scare.The scariest part of the journey…
I was misread on the finality of liberal democracy
Fifteen years ago in my book "The End of History and the Last Man, I argued that, if a society wanted to be modern, there was no alternative to a…
And the winner in Iraq is: the Al-Qaeda jihadists
It is a terrible mistake to discount Al-Qaeda's operational abilities, now and in the future. If you read the accounts of Al-Qaeda insiders, the war on terror was essentially over…