Egypt index edges up, Gulf markets decline
By Reuters CAIRO: The benchmark index edged up 0.4 percent to its highest level in more than eight months, led by Orascom Telecom and helped higher by investor optimism that…
Military court sentences 2 to death for beheading officer
By AFP CAIRO: A military court on Wednesday sentenced two men to death for beheading an army officer during the uprising that ousted strongman Hosni Mubarak, the official MENA news…
OIC urges ‘national unity’ in Libya
By AFP JEDDAH: The Organization of the Islamic Cooperation (OIC) urged Libyans on Wednesday to remain united after tribal leaders and a political faction declared autonomy for an eastern region.…
GE sees LatAm, Middle East outpacing Asia in 2012
By Jeb Blount / Reuters RIO DE JANEIRO: General Electric Co expects its sales growth in resource-rich countries in Latin America and the Middle East to outpace that in China and…
TMG full-year net falls 39 pct
By Tom Pfeiffer / Reuters CAIRO: Egypt's Talaat Moustafa Group said its full-year net profit fell 39 percent last year when the real estate industry was thrown into turmoil by a…
GDP grew by annual 0.4 pct in Q4: MP
By Reuters CAIRO: Egypt's economy grew by an annualized 0.4 percent in the fourth quarter of 2011, indicating the economy is on the mend after the turmoil of last year's…
Shoura Council slams SCAF, gov’t for allowing NGO defendants to leave country
By Heba Fahmy CAIRO: MPs slammed the government and the ruling military council on Tuesday, for their alleged responsibility in allowing non-Egyptian defendants in the NGO trial to leave the country,…
Democracy workers from Egypt meet with lawmakers
By Donna Cassata / AP WASHINGTON: American democracy workers who face charges in Egypt of stoking unrest are meeting with congressional lawmakers this week. Four of the workers, including Sam LaHood,…
Police officers’ syndicate met with resistance from MOI, says founder
By Heba Hesham CAIRO: Police officers working on establishing a first of its kind syndicate say the ministry of interior was trying to “penalize” and “intimidate” the participating policemen. "The MOI…
Women on the back foot in the Arab Spring
By Ines Bel Aiba / AFP CAIRO: They were on the front line during last year's Arab uprisings, but women now fear for their rights as Islamists reap the fruits of…