Getting the message out
CAIRO: A group of student activists and alumni from the American University in Cairo (AUC) brought the solidarity campaign to campus yesterday in the form of t-shirts and a message.…
U.S. Treasury's Snow lauds Mideast development focus
SHARM EL-SHEIKH, Egypt: Middle East oil producers seem correctly focused on putting more oil wealth into domestic development and this poses no threat to the U.S. dollar, U.S. Treasury Secretary…
Singing to the heart
CAIRO: Saber El Rebai s voice evokes oriental music s old school. By making various references to this rich regional musical tradition in combination with his wide vocal range, with…
Mubarak lashes out at press over coverage of protests
CAIRO: President Hosni Mubarak lashed out at coverage of Cairo street protests in which more than 600 Egyptians were beaten and arrested, calling the rallies evidence of democracy and coverage…
Egypt says Palestinians involved in Sinai attacks
CAIRO: Egypt s interior ministry said Tuesday the Egyptian group which carried out three simultaneous suicide bombings in the Sinai last month received support from Palestinian militants in Gaza and…
Interbank rate rises to 8.35 percent
XCAIRO: The median overnight interbank rate on the pound was 8.35 percent on Tuesday, up from Monday s 8.049 percent after central bank auctions drew liquidity from the market, traders…
Shares extend losses, index dips over 5 percent
CAIRO: Stocks dipped sharply for a second day on Tuesday, with the benchmark index down more than 5 percent in early trade on the back of a dip in other…
Egypt mulls pound eurobonds
Reuters SHARM EL-SHEIKH, Egypt: The Egyptian government has started talks with investment banks on the possibility of issuing bonds abroad denominated in Egyptian pounds, Investment Minister Mahmoud Mohieddin said in…
Roman city submerged in sea to be excavated
CAIRO: The Egyptian authorities have given the go ahead for the underwater exploration of what appears to be a Roman city submerged in the Mediterranean, Egypt s top archaeologist said…
Al Ahli finishes unbeaten for second season in a row
CAIRO: Egyptian champions Al Ahli won 4-0 at Ismaili to finish the league unbeaten for the second season in a row. Last year s African Champions League winners dominated Monday…
