Egypt to sell land to expats, cut budget deficit
By Reuters CAIRO: Egypt will launch a scheme on Saturday to reduce its budget deficit by selling plots of land near Cairo to Egyptians living abroad, the housing minister said on…
Egypt climbs on optimism for Mobinil deal
By Reuters CAIRO: Egypt's main index edged higher, lifted by property stocks as local investors bet on a flood of liquidity when Orascom Telecom Media and Technology completes its planned…
Egypt’s rice export ban only benefits smugglers
By Maha El Dahan and Sherine El Madany / Reuters ABU DHABI/CAIRO: Smugglers in the Middle East are enjoying an unlikely moneyspinner — illegal medium grain rice. Shoppers across the Gulf,…
Water deficit may cost Egypt $11 bln annually: World Bank
By Reem Abdellatif CAIRO: The world’s water deficit will grow to 200 billion cubic meters (BCM) per year by 2050, and may cost Egypt $11 billion annually, a World Bank official…
Funeral underway for Egypt’s Coptic Pope
By AFP CAIRO: Hundreds of clergy and officials packed St Mark's Cathedral in Cairo on Tuesday for the funeral service of Pope Shenouda III, the head of the Coptic Orthodox…
Meshwary celebrates preparing 45,000 for the job market
By Safaa Abdoun CAIRO: After her graduation, Hoda Mohamed Youssef spent months looking for a job but could not find a suitable opportunity. It was then that she learned of Meshwary…
Katatny urges swifter response to government from PA committee
By Heba Fahmy CAIRO: Parliament speaker Saad El-Katatny urged a People’s Assembly committee during Monday’s session to present its response to the government's statement by the end of this week for…
Public transport workers resume full strike, to escalate to parliament
By Mennatallah Youssef and Mai Shams El-Din CAIRO: Public transport workers resumed a strike suspended months ago in the authority's 24 garages across Cairo and Giza, with plans to move their…
MB not ruling out nominating El-Shater for president
By Heba Fahmy CAIRO: Muslim Brotherhood (MB) spokesperson Mahmoud Ghozlan could neither confirm nor deny whether the group will nominate one of its leaders, Khairat El-Shater, in the upcoming presidential election.…
Christians pay final respects to Coptic Pope
By Agencies CAIRO: Tens of thousands of Coptic Christians lined up outside a cathedral in the Egyptian capital to pay their final respects to the spiritual leader of their ancient…