Egyptian shares rise, led by real estate sector
CAIRO: Egyptian share indexes rose on Monday led by the real estate sector with both Egyptian Resorts Company and Heliopolis Housing gaining five percent, dealers said.Egyptian Resorts, which decided on…
Egyptian bank shareholders accept UAE offer
CAIRO: Private shareholders owning 53 percent of Egypt s National Bank for Development (NBD) are willing to accept an offer of LE 11 ($1.93) a share from a UAE consortium,…
Border authorities arrest Palestinian woman for arms smuggling
Egyptian border authorities on Tuesday arrested a Palestinian woman in her fifties who was trying to smuggle weapons parts into the Gaza Strip in her suitcase, security sources said.One of…
Sarkozy pledges to stay the course on Mideast policy
PARIS: French presidential candidate Nicolas Sarkozy met with Egyptian President Hosni Mubarak on Tuesday and pledged to ensure continuity in France s Middle East policy if elected. There will be…
Egypt charges nuclear engineer as spy for Israel
ReutersCAIRO: Egyptian authorities have charged a nuclear engineer at the state s Atomic Energy Agency with spying for Israel, along with two fugitive foreigners - an Irishman and a Japanese,…
Real reform will come from people
CAIRO: On the tail of the recent constitutional amendments it has been learnt that reform or real change cannot come from within the regime or from abroad, but rather it…
Egypt's Pachin in buyout talks-stock exchange
CAIRO: Egypt s Paints and Chemical Industries Co. (Pachin) is in talks with a potential buyer for 100 percent of its shares, the stock exchange said on Monday.The Capital Markets…
Reciprocity is the key to Israeli-Palestinian peace
An early return to the Middle East negotiating table is not a favor to the Palestinians, but an urgent requirement for protecting the vital interests of both Palestinians and Israelis.…
Trouble is brewing for the US in Iraqi Kurdistan
While the Bush administration struggles to stabilize Baghdad, a major new threat is emerging in the Kurdish areas of northern Iraq. If it isn't defused, this crisis could further erode…
