Initial bids made on profitable state-owned Suez Steel Company
CAIRO: State-owned Suez Steel Co., one of the largest net-importers of billets in the market, with the most modern facility in the Middle East region, is finally on sale.After a…
Exhibition links Egyptian heritage to the African continent
CAIRO: Organized around the African connection to Egypt and designed to dispel some of the misconceptions regarding it, the Yes, Egypt is an African Country, photo exhibition at the Sony…
Lebanese entertainment industry moves to Egypt, amid support and criticism
CAIRO: For Hossam Mostafa, July 12 started out as any other day in Beirut. The summer season was promising; tourism rates were on the rise and music and cultural festivals…
Mideast turmoil sets downbeat backdrop for Suez celebration
Agence France-PresseCAIRO: Egypt marked the 50th anniversary of the landmark nationalization of the Suez Canal on Wednesday amid simmering Arab anger over Israel s punishing military offensive in Lebanon and…
Forging a Middle East liberal democracy network
CAIRO: Liberal International, the world federation of liberal and progressive democratic political parties, held a conference in Cairo aimed at launching the Middle East Liberal Democracy Network. It was founded…
A joyful celebration
ŠΘ###Ministers Amin Abaza, Youssef Botrous Ghaly, Nadia Aziz, the bride and groom, Hany Aziz and Aisha Abdel Hady##The couple afterwards headed to Semiramis Intercontinental where the wedding reception was held,…
Consumers will bear the real burden of gasoline price increase
Comprehensive energy policy still absentCAIRO: With no warning, the government decided to increase the prices of gasoline and other oil products last Thursday.The state-owned Al-Ahram newspaper announced the decision the…
Etisalat to sell stake in Egypt operation
DUBAI: United Arab Emirates telecom firm Etisalat is looking to sell a part of its stake in the consortium that won Egypt s third mobile phone license, a UAE newspaper…
Fifty years on, Egypt cashing in on Suez nationalization
Agence France-Presse CAIRO: Fifty years after its nationalization, the Suez Canal is more vital than ever to Egypt s economy and revenues from transit fees look set to continue a…
Mubarak reiterates call for ceasefire, jabs at U.S. policy
CAIRO: President Hosni Mubarak left for talks in Saudi Arabia on Tuesday after repeating his call for an immediate ceasefire in Lebanon and taking a jab at U.S. foreign policy.…