Approval sought for Orascom Telecom's increased stake in Israeli telco
CAIRO: Hutchison Telecommunications International will seek the Israeli government s consent for Orascom Telecom to increase its stake in Partner Communications above 10 percent, according to Israeli business daily Globes.Through…
Development using faith
CAIRO: The face of Islam has evolved over the past few years to keep up with growing antagonism and rapid globalization. With a presence in all four hemispheres, and a…
Intolerance runs high
CAIRO: Religious scholars are clear in their views on conversion and in fact, Egyptian laws don t penalize the process. Instead, administrative regulations are usually what stand in the way…
Land dispute ends in bloodshed
CAIRO: Members of two families in a southern Egyptian village battled with automatic weapons Saturday in a dispute over land, killing four people, police said.Three brothers of the El-Dor family…
Arab League chief Moussa poised for second term
CAIRO: A popular figure in his native Egypt, Amr Moussa is standing unopposed for a second five-year term as Arab League secretary general at the organization s summit on Tuesday…
Housing sector helps bourse move higher
CAIRO: Housing sector stocks, boosted by expected expansion in the sector, helped the bourse to a higher close on Sunday. Orascom Telecom, which is due to release its 2005 results…
Mohieddin speaks out on Omar Effendi controversy
CAIRO: After weeks of refusing to comment on the controversy surrounding the sale of Omar Effendi, Minister of Investment Mahmoud Mohieddin finally broke his silence in a meeting with journalists.The…
Mubarak, Abbas meet in Sharm El-Sheikh
SHARM EL-SHEIKH, Egypt: Palestinian leader Mahmoud Abbas called Sunday on the next Israeli government to work with the Palestinians, who are set to be led by a Hamas-run cabinet from…
Egypt set to expand the gas sector
CAIRO: Seeking to reduce its dependency on Russia, Bulgaria may start importing gas from Egypt via Turkey, according to the ministry of investment. The announcement was made after Bulgarian Economy…
Report blames technical failure for 2004 Flash Airlines crash
CAIRO: Egyptian investigators said Saturday that technical failures likely caused a January 2004 crash of a passenger jet carrying French tourists from a Red Sea resort that killed all 148…