Median overnight interbank rate rises to 8.275 percent
CAIRO: The median overnight interbank rate on the pound rose to 8.275 percent on Tuesday from 8.074 percent on Monday at the start of a new two-week period for calculating…
Police kill mastermind of Sinai bombings
AL-ARISH, Egypt: Police killed Tuesday the leader of an Islamist militant group blamed for a spate of attacks in tourist resorts in the Sinai Peninsula over the past 18 months,…
Police detain four Islamists in Alexandria
CAIRO: Police detained four Muslim Brotherhood members in Alexandria, bringing to 70 the number of members of the Islamist movement being held behind bars, a spokesman told AFP on Tuesday.…
Israelis urged to leave Sinai after kidnap threat
JERUSALEM: Israel on Monday warned its citizens to leave Egypt s Sinai resort area immediately, saying there was a threat of kidnapping by militant groups. A message circulated to media…
Emergency Law leading to more instability
CAIRO: Opposition forces claim that following the extension of the Emergency Law security forces have been "harsher and "stricter in their policy. In response, some political and judicial blocs have…
Digitalizing homes
CAIRO: The home entertainment industry is in the throes of its most dynamic period of change, due to today's "digitalization trend in homes of the future.Thanks to the currently heavily…
Kuwait's Aref, KGL sign $1 billion Egypt pier deal
KUWAIT: Aref Investment Group and Kuwait Gulf Link Transport Co. said on Tuesday they signed a deal to build and operate container docks at Egypt s Damietta port. The firms,…
Refugee advocate awarded British honor
CAIRO: After decades of hard work for refugees, the woman who coined the term "forced migration, the highly impressive Barbara Harrell-Bond, was given the title of Officer of the Order…
Human bird-flu deaths prevalent among breeders, says health ministry
CAIRO: Human deaths caused by the potentially pathogenic avian virus H5N1 have resulted mostly from exposure to infected fowl kept domestically, according to a health ministry statement issued following a…
All charges dropped against reporter
CAIRO: A criminal court has dropped the case against an Egyptian journalist sued by a judge for libel, a court official said Monday.The Giza Criminal Court on Monday dropped charges…