Saudi, Bahrain, UAE recall envoys to Qatar
The three Gulf Arab states made the decision following what newspapers described as a “stormy” late Tuesday meeting of foreign ministers from the six-nation Gulf Cooperation Council in Riyadh.
Archery; a military skill turned sport
Originating as a military and hunting skill, archery dates back to at least 50,000 years ago. The ancient Egyptian civilisation was among the first to employ archery; both for hunting…
Bikya celebrates third birthday starting Thursday
Three days of musical performances are planned in line with the place’s reputation as a music-friendly business for the underground scene
Fasting over fervour
I like the combination of piety and pragmatism, it is human and easier to relate to and tempers fervour with common sense
Egypt and Gaza
Last Friday, a small group of Palestinians protested near the Egyptian border, demanding the opening of the Rafah border. Their congregation ended uneventfully; however, it highlights a brewing crisis between post-Morsi Egypt…
Tourism minister to attend world’s largest tourism convention
Hisham Zaazou hopes to clarify Egypt’s security situation and encourage tourists to return
Orascom acquitted of Egyptian tax evasion claims
Reuters - Orascom Construction has been cleared by an Egyptian public prosecutor of all tax evasion claims related to the sale of a building seven years ago to French peer Lafarge…
Bread distribution system is a failure: Minister of Supply
The government’s subsidised bread programme has “allowed bakery owners to smuggle flour and sell it on the black market at higher prices,” Khaled Hanafy says
Foreign reserves reach $17.3bn in February
After a steady six month decline, foreign reserves rose for the second straight month
Egypt’s GB Auto posts 40% fall in Q4 profit
Reuters - Egyptian auto distributor GB Auto reported a 40.6% drop in fourth-quarter net profit while revenues rose nearly 20% to EGP 2.819bn ($405.00m). The company said 2013 full-year net…