Reacting to the renewal
CAIRO: Last Sunday, Prime Minister Ahmad Nazif asked parliament to extend the highly controversial Emergency Law for another two years. For approval, it needs two thirds of parliament to back…
Extension of Emergency Law heads week's news
CAIRO: A variety of news items have vied for headlines this week. Reoccurring themes in this week's local and international papers have been the extension of the Emergency Law, the…
Living a little girl's dream
CAIRO: A dearly held fantasy of most little girls is to be a beauty queen when they grow up, complete with the jeweled crown, the beautiful dress and the satin…
Emergency Law stifling any hope for change
CAIRO: An interior ministry spokesman and deputy to the ministry claimed in a live TV show on Tuesday that no violations of human or prisoners' rights occur under the Emergency…
Run through the desert
WESTERN DESERT, Egypt: An extraordinary run through the Western Desert of Egypt began at the tip of the Quattara Depression and continued into the environs of the Bahareya, Farafra, Dakhla…
Four killed in accidental Cairo blast
CAIRO: Four Egyptians were killed and another wounded when a device accidentally exploded Wednesday at a mechanical workshop in the low-income Cairo neighborhood of Imbaba, security sources said. An 18-year-old…
Telecom Egypt, Telecom Italia to offer joint bid for third mobile license
CAIRO: Telecom Egypt (TE) and Telecom Italia will submit a joint bid for Egypt s third mobile license, TE officials said on Tuesday. Telecom Egypt announced an agreement with Telecom…
Hellenic Petrol wins Egyptian energy acreage
ATHENS: Greek oil company Hellenic Petroleum said on Tuesday it had won a tender to explore for natural gas and oil in Egypt. State-owned Egypt General Petroleum Corporation informed us…
CIB Q1 2006 net profit up 31 percent
CAIRO: Egypt s biggest private bank, Commercial International Bank, increased its first-quarter net profit 31 percent to LE 187.56 million ($32.56 million), the bank reported on Wednesday. Net profit for…
Interbank rate up at 8.35 percent
CAIRO: The median overnight interbank rate on the pound rose to 8.35 percent on Wednesday from 8.255 percent on Tuesday with a central bank auction drawing some funds from the…