Saudi executes two Egyptians for Filipino murder
RIYADH: Two Egyptians accused of murdering a Filipino were beheaded by the sword in the Saudi capital on Wednesday, said the interior ministry. The pair, Wael Al-Sayed and Rizq Rajab,…
Egypt sees Clinton remarks as ‘interference’
CAIRO: The Egyptian foreign minister said on Wednesday that Egypt would not accept any interference in its internal affairs, in response to criticism by US Secretary of State Hillary Clinton…
US condemns Egyptian ‘Hitler’ remark
WASHINGTON: A US official voiced outrage Tuesday after an adviser to Egypt's military said that some protesters facing down troops in Cairo should be "thrown into Hitler's incinerators." Retired general…
Giza voters undecided at run-offs
CAIRO: Voters in Giza were undecided on who to choose as they headed to the polls on the first day of run-offs at the second round of parliamentary elections. Various…
Aramco to boost oil drilling rigs to pre-2009 levels: sources
KHOBAR: State oil giant Saudi Aramco plans to raise the number of drilling rigs it operates to pre-crisis levels of at least 130 by the second quarter of 2012 as…
Egypt’s economy to grow 3.1 pct in FY 2012/13
CAIRO: Egypt's economy will grow by only 1.8 percent this fiscal year and 3.1 percent next as it recovers slowly from the political upheaval that ousted president Hosni Mubarak and…
FDI in Egypt plummets over the summer
CAIRO: Foreign investment in Egypt plummeted over its summer to almost a quarter of its level a year earlier as investors, unnerved by the region's political turmoil, fled, the central…
OCI plans to demerge fertilizer businesses
CAIRO: Orascom Construction Industries (OCI) said it is planning a demerger of its construction business from its fertilizer venture, according to a statement. Each of the businesses will be listed…
Political challenges cloud Egypt’s economic outlook: report
CAIRO: With a neutral outlook for markets of the Middle East and North Africa region (MENA) in the first half of 2012, Beltone Financial predicts some chances of improvement in…
Syria opposition urges UN action over ‘massacres’
DAMASCUS: The opposition Syrian National Council on Wednesday urged the UN Security Council and Arab League to hold emergency meetings after "massacres" carried out by regime forces. Reacting to reports…