US, Egypt seek to defuse NGO row
WASHINGTON: Senior Egyptian military officers visited the United States Monday for talks as both sides try to defuse a deepening row that has seen a number of American citizens hole…
Defense Ministry denies Etman rumor
An officer at the Defense Ministry’s Morale Affairs office has denied in a telephone call with Daily News Egypt rumors of the retirement of member of the Supreme Council of…
Presidential elections, retribution for martyrs to top PA agenda
CAIRO: Presidential elections, the emergency law and compensation and justice for the martyrs of the Jan. 25 uprising are expected to lead discussions at the People’s Assembly Tuesday, with the…
Sit-in helps struggle for independent media, say Maspero employees
CAIRO: Employees inside Maspero say the sit-in that started in front of the state TV building on the Jan. 25 anniversary to escalate pressure on the ruling military council is…
US urges Egypt to lift travel ban on Americans
WASHINGTON: US Defense Secretary Leon Panetta urged Egypt's military ruler Field Marshal Hussein Tantawi to lift a travel ban on Americans working for pro-democracy groups, the Pentagon said Monday. Meanwhile,…
Egyptians moving past fear through film
In the year following the Egyptian revolution, a newfound freedom of expression is breaking the silence about crucial issues in Egypt that were previously considered taboo. A recently released feature…
Dana Gas Q4 profit jumps, no details on sukuk
DUBAI: Dana Gas, which faces a $1 billion sukuk maturity in October, posted sharply higher fourth-quarter and yearly profits on Monday, buoyed by an increase in production and higher oil…
Carlyle’s Mideast head Musallam quits: sources
By Mirna Sleiman/Reuters DUBAI: US private equity firm Carlyle Group's Middle East head Walid Musallam is leaving the firm following disagreement over the company's strategy in the region, two sources told…
Jordan hikes electricity price after Egypt gas cut
AMMAN: Jordan said on Monday it will raise electricity prices this week by between nine and 17 percent to offset losses caused by cut-offs in Egyptian gas supplies. "An increase…
Egypt to offer LE 3 bln in reopened bonds
CAIRO: Egypt's Finance Ministry will offer LE 3 billion ($497.6 million) in reopened five- and seven-year bonds at an auction on Feb. 6, the central bank said on Monday. The…