US punts on Goldman Sachs prosecution
Washington (AFP) — Goldman Sachs escaped prosecution over its sales of high-risk mortgage securities Friday when the US Justice Department closed a probe without action despite a damning report on…
European stocks slip
London (AFP) - European stock markets weakened Friday as poor Chinese trade data sparked fresh concern about slowing economic growth in the Asian powerhouse nation. London's FTSE 100 index of…
PM: Starting next summer, energy rationalisation mandatory
By Islam Serour Power saving measures will become mandatory by 2013, Prime Minister Hesham Qandil told a press conference Friday night, noting that the government will issue the organising criteria…
Stock Market remains resilient despite calamitous week
By Fatheya Al-Garhy The stock market remained surprisingly resilient to last week’s consecutive multitude of violent events: Nile City towers, Dahshour and Rafah. They caused a sharp decline in the…
Masry USD Certificates yield disappointing earnings to NBE
Sources at National Bank of Egypt (NBE) estimated the cumulative sales of the Masry USD Certificate, which was issued to attract the investment of Egyptians living in the Gulf, at…
Review: Sinai continues to overwhelm opinion pages
Egyptian columnists are prolonging their analysis of the recent attacks on the Sinai peninsula, floating theories and pointing fingers. The Government and President Mohamed Morsy also come in for criticism,…
Former Lebanese Minister to face “terror plot” charges
The two time minister, who was arrested by Lebanese Internal Security Forces last Thursday
