Seven Palestinians killed in Israeli raid on Gaza
Agence France-Presse GAZA CITY: Israeli troops staged their first ground operation in the Gaza Strip Tuesday since pulling out of the territory last year, killing three Islamic Jihad militants and…
Saudi king to visit Egypt for Mideast talks
RIYADH: Saudi King Abdullah is to visit Egypt on Wednesday for talks with President Hosni Mubarak on the Israeli-Palestinian conflict, ahead of an Israeli-Egyptian summit, a Saudi official said Tuesday.…
Defendant in Egyptian trial of Sinai attacks says he was tortured into confessing
ISMAILIYA: An Egyptian suspect in a 2004 terror attack denied police charges against him and told a court on Monday that he was tortured into confessing.The defendant, Osama Al Nakhlawi,…
Calyon Egypt approves $87 million capital hike
CAIRO: Calyon Bank Egypt, which is 75 percent owned by French investment bank Calyon, is to issue new stock to raise its capital to LE 500 million ($86.7 million), the…
Median o/n interbank rate unchanged at 8.125 percent
CAIRO: The median overnight interbank rate on the pound was unchanged at 8.125 percent on Tuesday compared to Monday s close, as the market awaited the result of an auction.…
Orascom Hotels & Development sign agreements for Oman development
CAIRO: Orascom Hotels & Development (OHD) signed a series of agreements with the Omani government for the construction of tourism destinations in four locations in Oman, one in Muscat, another…
Radical cleric faked fatherhood claim to stay in Britain
Head: LONDON: Abu Hamza Al-Masri, the radical Egyptian Muslim cleric who was jailed here for seven years in February, falsely claimed to have fathered a child after moving to Britain,…
The mutants return for one last stand
CAIRO: Back in 1999, comic book fans from around the world were startled to learn that 20th Century Fox were producing the first screen adaptation of the massively popular X-Men…
Avian flu biosecurity
CAIRO: The International Finance Corporation (IFC), the private sector arm of the World Bank, held a one-day conference yesterday with the Egyptian Public and Private Sector to discuss response strategies…