Egypt shares rise on bargain-hunting
Institutional investors buying stocks like Orascom Telecom (OT), which have fallen in recent sessions, pushed up the Egyptian market, traders said. Local and foreign institutions were looking for stocks that…
Businesses race to file taxes by deadline under new law
CAIRO: The end of the current tax season is near. Companies and their auditors are rushing to meet the deadline of Mar. 31 for finalizing their financial statements in accordance…
Emergency food agreed for Gaza through Egypt so U.S. says
JERUSALEM: Emergency shipments of food will be brought into Gaza from Egypt on Monday, a U.S. diplomat announced on Sunday after hosting talks with Israel and the Palestinians on alleviating…
Worried Egyptians head to hospital for bird flu tests
CAIRO: Egyptians are heading to hospital fearing they might be the next victim of the deadly H5N1 strain of bird flu after two human cases were detected in the country,…
Boosting tea imports in Egypt
CAIRO: According to the Ministry of Investment, the country has slashed taxes on Indian tea from 30 percent to five percent, thus brightening the future of Indian tea in Egypt…
A mountain of a movie
CAIRO: Brokeback Mountain is an emotional, heartbreaking movie about two men who fall deeply in love with each other. Heath Ledger stars as Ennis Del Mar, a young cowboy, whose…
Press Round-up
CAIRO: Taking priority on the front pages of all newspapers, both national and independent, is the breaking news of a second human bird flu case discovered in the city of…
For the sake of the child
CAIRO: For the children involved, winning a case proving parenthood means the difference between having a birth certificate or going without one. Without a man's name to fill the blank…
Lawmaker who owned ferry that sank in Red Sea stripped of immunity for questioning
CAIRO: Egypt s upper house of parliament on Saturday stripped one of its deputies of immunity so he could be questioned about the tragic sinking of a ferry owned by…
Egypt finds foot-and-mouth disease in eight calves
ASSIUT, Egypt: Egyptian vets have detected foot-and-mouth disease in eight calves on a government-owned farm in southern Egypt, an official said on Sunday. Mohammed Marzouq, head of veterinary medicine for…