Ayman Nour heading back to court
CAIRO: As citizens of Cairo brace themselves for what is likely to be yet another round of solidarity protests for judges Mahmoud Mekki and Hesham El-Bastawisy tomorrow, another familiar face…
Bahai's still banned after appeals court upholds government's claims
CAIRO: The court of appeals on Monday upheld the government's ban on recognizing the rights of Bahais to have their religion listed on identification cards and passports."I am disappointed that…
EFG-Hermes awarded Saudi license
CAIRO: The Capital Market Authority of the Kingdom of Saudi Arabia (KSA) granted EFG-Hermes a license to operate as an Investment Bank in the Saudi Stock Exchange on Monday. The…
Spain's Cepsa gets exploration permit in Egypt
MADRID: Spanish oil and gas company Cepsa said on Tuesday it has gained a new exploration permit in Egypt s western desert enabling it to boost its exploration activities. After…
Painting a portrait of rebirth
CAIRO: When thinking of Algeria, most people remember the wars, the terror, the French invasion and unsettlement. The country has seen occupations by the Phoenicians, Romans, Moors, Jews, Ottomans and…
UN expert praises Egypt's bird flu response
WASHINGTON: Egypt s quick response to bird flu shows that even less-developed countries can cope with limited outbreaks if they follow guidelines, the United Nations chief bird flu expert says.…
Feelings of "Pride and Prejudice"
CAIRO: While I was thrilled to learn of the release of "Pride and Prejudice in Egypt, none of my acquaintances seemed to share my enthusiasm for the latest adaptation of…
Industrial Modernization Program comes to an end
CAIRO: With the official end of the Industrial Modernization Program in two weeks, the European Union asserted its continued support for the program s implementing body, the Industrial Modernization Center…
Telecom Egypt says Q1 2006 net up 44 percent
CAIRO: Telecom Egypt said on Monday growing subscriber numbers, strong internet penetration and stable revenues per user had led to a 44 percent jump in first-quarter net profits. The firm,…
Interbank rate falls to 8.10 percent
CAIRO: The median overnight interbank rate on the pound fell to 8.10 percent on Monday from 8.118 on Sunday in a liquid market lacking major auctions to boost demand for…