Stocks flat in Ramadan lull
CAIRO: Stocks were flat on Monday in the absence of major news to move the market during the month of Ramadan. The real estate sector secured some gains, led by…
Shortage in poultry supplies continues despite import legislation
Importers: government regulation behind increased import costsCAIRO: The recent government decision to allow for the import of poultry from Brazil is proving to have little effect on reducing the 1…
European papers banned for comments on Islam
CAIRO: Egypt has banned editions of two French and German newspapers, Le Figaro and the Frankfurter Allgemeine Zeitung, because of articles deemed insulting to Islam, the state news agency MENA…
Egypt to relaunch civil nuclear program
Agence France-Presse CAIRO: Egypt is to relaunch its civil nuclear energy program after a 20-year freeze, with plans for a nuclear power station on the Mediterranean coast, officials said Sunday.…
Palestinians to seek release of Barghouti and Saadat in talks led by Egypt
Israel rejects Abbas demand to release militant leadersCAIRO: Israel rejected on Monday demands by Palestinian President Mahmoud Abbas that the Jewish state free two jailed militant leaders in return for…
Eight killed, 14 corpses found in Iraq
BAGHDAD: Insurgents Monday killed at least eight people in Iraq, including three policemen, officials said as the war-torn country s security forces continued to bear the brunt of rebel violence.…
Human rights group reports widespread torture in Egypt's prisons and police stations
CAIRO: Torture in Egypt's prisons and police stations is almost systematic, claims the Egyptian Organization for Human Rights (EOHR) in its recent report on conditions in Egyptian prisons. With dozens…
Nour objects to "democracy" letter
Wife says Interior Ministry is trying to defame him CAIRO: Jailed politician Ayman Nour, his wife and supporters from El-Ghad party are furious about a letter that urges U.S. President…
Pope says Christians, Muslims must reject violence
Muslim Brotherhood says meeting attempt to avoid apologyCASTELGANDOLFO, Italy: Pope Benedict told Muslim envoys on Monday that Christian and Muslim believers must reject violence, in an audience meant to defuse…
Egypt Invest set to shed light on the investment climate
CAIRO: Since Egypt Invest first appeared in 2003, discussing investment opportunities in Egypt, it has all come a long way. Starting with the FDI figure from 2003 of $452 million,…