Catching the world's eye
CAIRO: An Egyptian delegation is currently in Bahrain marketing investments in Egypt worth $2.54 billion in diverse sectors, with an emphasis on the tourism and industrial sectors such as petrochemicals…
Egypt has to do its share
CAIRO: Egypt and Germany could expand the horizons of their bilateral development cooperation provided that the Egyptian government makes available the conditions enabling such cooperation, said representatives of Germany in…
Elissa walks the line between repetition and monotony
CAIRO: There is a thin line between having a trademark style and being repetitive and monotonous. In her new album Bastanak (Waiting for You), Elissa walks this thin line, sometimes…
Radical cleric faked fatherhood claim to stay in Britain
Head: LONDON: Abu Hamza Al-Masri, the radical Egyptian Muslim cleric who was jailed here for seven years in February, falsely claimed to have fathered a child after moving to Britain,…
Orascom Hotels & Development sign agreements for Oman development
CAIRO: Orascom Hotels & Development (OHD) signed a series of agreements with the Omani government for the construction of tourism destinations in four locations in Oman, one in Muscat, another…
Median o/n interbank rate unchanged at 8.125 percent
CAIRO: The median overnight interbank rate on the pound was unchanged at 8.125 percent on Tuesday compared to Monday s close, as the market awaited the result of an auction.…
Calyon Egypt approves $87 million capital hike
CAIRO: Calyon Bank Egypt, which is 75 percent owned by French investment bank Calyon, is to issue new stock to raise its capital to LE 500 million ($86.7 million), the…
Defendant in Egyptian trial of Sinai attacks says he was tortured into confessing
ISMAILIYA: An Egyptian suspect in a 2004 terror attack denied police charges against him and told a court on Monday that he was tortured into confessing.The defendant, Osama Al Nakhlawi,…
Saudi king to visit Egypt for Mideast talks
RIYADH: Saudi King Abdullah is to visit Egypt on Wednesday for talks with President Hosni Mubarak on the Israeli-Palestinian conflict, ahead of an Israeli-Egyptian summit, a Saudi official said Tuesday.…