Word on the street
Commuters are not pleased with hike in metro faresCAIRO: Friday, July 21 was a shock for anybody in the country who drives because of the overnight raise in the gasoline…
Pacha at the North Coast
ŠΘ###Many of Egypt's party crowd rushed to the new venue to enjoy the opening of the club, here, Vivian El Fiki and Mohab Makmoun##Lucy Artit, Hanan El Sirag and Hisham…
Miss Beach
ŠΘ###The judges included musician Helmy Bakr, actress Hala Sidki, and writer Ikbal Baraka, here, Samo Zein and Nahla Zaki##Photography by Hassan IbrahimThe winner was the beautiful Alexandrian Nahla Zaki. Guest…
CBE names shortlist for Bank of Alexandria sale
CAIRO: The government said on Wednesday it had short-listed six candidates to buy a 75-80 percent stake in the state-owned Bank of Alexandria, and will allow them to carry out…
Germany: Mideast Quartet to help address Lebanon crisis
Egypt named as Arab candidate to be associated with QuartetAssociated PressBERLIN: Germany suggested yesterday that the so-called Quartet of Middle East negotiators, be reactivated with help from Arab nations to…
Egypt hopes UN will call for Lebanon ceasefire in 48 hours
BEIRUT: Foreign Minister Ahmed Abul-Gheit expressed hope Wednesday that the United Nations Security Council would issue an appeal for a ceasefire between Israel and Hezbollah within the next 48 hours.…
Outpouring of private aid for war-torn Lebanon
NGOs, private corporations organize donation campaigns and transportation to LebanonCAIRO: With the continuous escalation of violence in Lebanon and mounting frustration with official Arab responses to the Israeli aggression, civil…
Insurance holding company established
Move may be precursor to privatizationCAIRO: President Hosni Mubarak issued a decree yesterday to form a holding company for insurance, bringing the four main public insurance firms as well as…
Loan expected to support reform
ADB continues participation in developmentCAIRO: Egypt has been awarded a loan of $500 million (LE 4.2 billion) from the African Development Bank (ADB), which will be used to support the…
Egypt Invest 2006 will look at implementation, impact of investment
CAIRO: While there is no denying the success that Egypt has been enjoying in attracting foreign direct investment (FDI) into the country over the past two years, it is also…