Egypt adheres to representation of Africa in UNSC
CAIRO: Foreign Minister Ahmed Aboul Gheit said Friday that Egypt has always been among the first supporters of a demand to enlarge the African membership of the United Nations Security…
Orascom confirms interest in Brasil Telecom stake
CAIRO: Phone carrier Orascom Telecom said it had expressed interest in a stake in Brasil Telecom held by Telecom Italia.In a statement issued on Friday, Orascom - which is headed…
Egyptian shares trim losses, Telecom Egypt rises
CAIRO: Egyptian stocks trimmed losses to close higher on Thursday, with Telecom Egypt rising on demand from foreign investors and Ezz Dekheila gaining despite a 15 percent drop in 2006…
Egyptian banks join race on core-banking solutions
CAIRO: Egyptian banks have joined-in a race to introduce technologies designed to improve management performance, causing parallel competition among technology companies providing core-banking solutions.In this context, the Informer Egypt Company…
Government to buy 40 more GE engines to upgrade railways
Mansour: passengers to feel improvements in 24 monthsCAIRO: Minister of Transportation Mohamed Mansour announced his office is preparing to order 40 more General Electric (GE) locomotives within March to help…
Egypt renews detention of nearly 100 Islamists
CAIRO: Egyptian authorities on Saturday renewed the detention of nearly 100 members of the opposition Muslim Brotherhood, including several high-ranking members facing military trials, a security source said. The 94…
Majority of Israelis unhappy with leaders, says poll
JERUSALEM: More than three-quarters of Israelis are unhappy with their leaders after a series of scandals embroiling Prime Minister Ehud Olmert s government, according to a poll released on Sunday.…
Libya won't attend upcoming Arab summit in Saudi, says FM
Associated Press CAIRO: Libya won t attend the upcoming Arab summit in Saudi Arabia, the Libyan foreign minister said Sunday, adding that the Arab world is not serious and that…