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…
'Two-head' baby dies a year after operation
CAIRO: An Egyptian girl who had an operation more than a year ago to remove the head of her underdeveloped twin has died following an infection in her brain, her…
Egypt to publish report on Sharm El-Sheikh air crash
CAIRO: Egypt will publish Saturday its final report into the January 2004 crash of a Flash Airline flight near the Red Sea resort of Sharm El-Sheikh that left 148 people…
Islamist leader barred from entering Egypt
CAIRO: Egyptian immigration officials prevented the leader of the Jordanian branch of the Muslim Brotherhood and four others from entering the country on Thursday, conference organizers said. The five were…
Concerns over the looming expiration of the Emergency Law
CAIRO: Egypt's opposition groups are responding skeptically to an announcement made by Prime Minister Ahmed Nazif this week that the government will lift the 25-year-old Emergency Law. Highly condemned for…
Achieving a balance in life
CAIRO: Many of today's career-minded individuals are hampered by personal problems, such as worry over their job, relationships and life choices. Most likely, they are experiencing a problem in another…