S.Africa’s MTN struggles to get money out of Iran
By David Dolan and Helen Nyambura-Mwaura / Reuters JOHANNESBURG: South African mobile phone operator MTN Group said it is struggling to get its money out of Iran due to tougher Western…
Suspicion rises between Western advisers, Afghans
By Deb Riechmann / AP KABUL: "Shoulder to shoulder" is the mantra of the NATO-Afghan military partnership. Now, after Afghan soldiers and police turned their guns on their foreign partners during…
Arming Syrian rebels will lead to civil war, says Egypt FM
By AFP CAIRO: Egypt's Foreign Minister Mohamed Kamel Amr has warned that arming rebel fighters in Syria would lead to a civil war, his ministry said on Wednesday. Arming the…
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,…