Petrojet starts construction of Egypt-Israel gas pipeline in March
CAIRO: Egyptian Petrojet Company will start extending natural gas pipelines to Israel in March 2007 at a total cost of $20 million (LE 114.1 million) said a senior official at…
General Electric signs $120 million locomotives deal with government
CAIRO: Minister of Transportation Mohamed Mansour announced the ministry has secured the first order for 40 railway locomotives from General Electric (GE) in a deal worth $120 million (LE 680…
Imam wants to sue Berlusconi over CIA "kidnap"
ReutersCAIRO/ROME: A Muslim cleric freed from a prison in Egypt four years after being grabbed in Milan in a suspected CIA kidnapping wants to sue former Italian premier Silvio Berlusconi…
New positive factors favor progress on the Middle East peace, but challenges remain, says UN
New York: A convergence of positive factors, including a new Palestinian unity Government and the first political talks between Israeli and Palestinian leaders in six years, have the potential to…
Sudan denies abuse of Egyptian workers
CAIRO: The Sudanese Ambassador to Egypt Abdel-Moneim Mohammed Mabrouk has refuted press reports alleging that 28 Egyptian workers were beaten and tortured in a Sudanese police station.Mabrouk denied completely that…
Merrill Lynch holds face-to-face investor forum in El Gouna
CAIRO: Merrill Lynch Middle East and North Africa (Mena) held a one-on-one Investor Forum from Feb. 10-13, 2007, in the Red Sea resort town of El Gouna, Red Sea, Egypt.…
General manager of Allianz-AGF discusses investment opportunities and development potential in Egypt
CAIRO: Hugues de Roquette-Buisson, general manager for the Middle East, of AGF-Allianz Group, visited Egypt last week to discuss investment opportunities in Egypt and the recent reforms undertaken by the…
A protest against worldly pleasures
It's mind-boggling that "Al Shabakah (The Gang), a play based on a work by controversial of German playwrights Bertolt Brecht, was chosen to be one of this theater season's highlights.…
Under Putin, Russia is no longer ready to be pushed around
Vladimir Putin made headlines last weekend when he blasted the Bush administration for its "almost uncontained hyper-use of force that has created a world where "no one feels safe. If…
The outlines of a new policy in declining Afghanistan
There is growing concern among the Western coalition forces about the worsening situation in Afghanistan. The insurgency has recently shown its bloodiest face since the Taliban's ouster in 2001 and…