Etisalat to revolutionize Egypt's telecom market, says UAE minister
Cairo: Emirates Telecommunications Corporation (Etisalat) is leading a "big revolution in Egypt s telecom market, the Emirates News Agency (WAM) quoted the UAE Minister of Government Sector Development Sultan Bin…
Al-Jazeera producer released on bail
CAIRO: Egyptian authorities have released Howayda Taha, a producer at the Al-Jazeera documentary channel, on bail for the amount of LE 10,000 after accusing her of fabricating scenes of torture…
Six Egyptian Islamists remanded in custody
Cairo: Egypt s public prosecutor remanded six senior members of the opposition Muslim Brotherhood in custody for 15 days on Monday on charges of belonging to an illegal organization and…
Egypt, Arabs offer Rice "Iraq for land" deal
CAIRO: Arab governments are poised to reach an agreement with the United States over its declared policy shift in Iraq in exchange for a renewed effort to resolve the Palestinian-Israeli…
Security forces find explosives cache in Sinai peninsula
Security forces discovered a cache of explosives on Sunday in the Sinai peninsula, where bomb attacks have killed more than 100 people since 2004, security sources said.The cache consisted of…
New public company for small-business financing to begin operation in H1 2007
Company part of LE 1.2 billion small-business financing programCAIRO: A new company specializing in small-enterprise financing is scheduled to begin operating in H1 2007, Minister of Economic Development (MED) Othman…
Medinet Nasr soars, slightly lifting Egypt bourse
CAIRO: Housing stocks led by Medinet Nasr Housing and Development pushed Egyptian stocks to slight gains on Monday after new stakeholders in the firm were granted seats on its board,…
Egypt pound o/n interbank rate drops to 8.85 pct
CAIRO: The median overnight interbank rate on Egypt s pound dipped to 8.85 percent on Monday from 9.148 percent on Sunday on the last day of a central bank period…
Crisis over blood bags: Corruption will not be tolerated, says health minister
CAIRO: Corruption will not be tolerated, Minister of Health Hatem El Gabaly told the Shura Council Saturday following fallout and public concern over the infected blood bags scandal. In an…
