CI Capital raises Egypt’s Oriental Weavers
By Reuters CAIRO: Egypt's Oriental Weavers, the world's biggest machine-woven carpet maker, may report earnings growth of 33 percent in 2012 helped by easing raw material prices and increased demand,…
Suez Canal rises 3.5 pct in year to March
By Reuters CAIRO: Monthly revenue from Egypt's Suez Canal rose 3.5 percent in the year to March to $428 million, the Egypt Information Portal website showed on Monday. The canal's…
Egypt stocks drop to 8-week lows on funding fears
By Tom Pfeiffer and Patrick Werr / Reuters CAIRO: Egyptian stocks fell to eight-week lows on Monday after the Muslim Brotherhood challenged the government to change the terms of an emergency…
Egypt’s Islamist candidate says IMF deal unlikely
By Patrick Werr and Marwa Awad / Reuters CAIRO: Egypt's Muslim Brotherhood has warned the government it will not support an IMF loan unless the terms are changed or it moves…
Network aims to empower MENA female entrepreneurs
By Reem Abdellatif CAIRO: Women are playing an increasingly imperative role as pioneers of economic prosperity and growth in the Arab world. With this in mind, the Middle East and North…
Mubarak aide presidency bid an ‘insult’: Islamist rival
By Marwa Awad and AbdelRahman Youssef / Reuters CAIRO: A bid for power by Hosni Mubarak's former intelligence chief is an insult to Egypt's revolution that, if successful, would trigger…
Suleiman says not backed by army, alleges Brotherhood behind death threats
By Reuters CAIRO: Hosni Mubarak's former intelligence chief said his bid for the presidency does not have the support of Egypt's military rulers and accused Islamists of sending him death…
Military backs Mubarak’s VP for president
By Hamza Hendawi / AP CAIRO: Hosni Mubarak's former vice president and spy chief Omar Suleiman will have the behind-the-scenes backing of Egypt's ruling generals and the state media's powerful…
Israeli lawmaker backs Suleiman as Egypt leader
By AP JERUSALEM: An Israeli lawmaker with close ties to the ousted Egyptian regime says former spy chief Omar Suleiman would be the best president for Egypt in terms of…
New blast hits Sinai gas pipeline: officials
By AFP CAIRO: An explosion on Monday hit a pipeline which supplies Egyptian gas to Israel and Jordan, marking the 14th such attack since 2011, security officials said. According to…