Credit Agricole Egypt 9-month net dips 25 pct
CAIRO: Credit Agricole Egypt said on Thursday its net profit dropped 25 percent during the first nine months of the year. Net profit fell to LE 242.9 million ($40.7 million)…
Egyptian property firm Palm Hills hit by Q3 loss
CAIRO: Egyptian real estate group Palm Hills, the country's second-biggest listed developer, reported a third-quarter net loss on Thursday, hit by weaker revenues and what analysts suspect was a high…
Experts discuss Egypt’s potential in wind energy sector
CAIRO: Egypt marked the end of the 10th World Energy Conference and Renewable Energy Exhibition on Wednesday, where more than 600 new and renewable energy experts along with heads of…
Rights coalition denounces UAE activist trial
DUBAI: A coalition of international human rights organizations on Thursday accused the United Arab Emirates of violating international legal standards by prosecuting five jailed activists who have campaigned for political…
Moroccan Islamists await their turn ahead of elections
RABAT: With Islamists on the doorstep to power in Tunisia, it is now Morocco's turn to go to the polls in elections that despite the low turnout expected, will likely…
Qaddafi son said to be in vast Sahara
JOHANNESBURG: A fugitive wanted by the International Criminal Court, Moammar Qaddafi's one-time heir apparent appears to have disappeared in the Sahara Desert's ocean of dunes and could remain hidden for…
Palestinians say decisions ahead will change face of region
RAMALLAH: The Palestinian leadership faces decisions about the peace process that will "change the face of the region," presidential spokesman Nabil Abu Rudeina said on Thursday. "The coming weeks and…
Syrian tanks fire despite Arab League deal; 4 dead
BEIRUT: Syrian tanks mounted with machine-guns fired Thursday on a city at the heart of the country's uprising, killing at least four people one day after Damascus agreed to an…
Fire on Red Sea ferry, passengers take to lifeboats
CAIRO: Passengers were forced to escape on lifeboats when a fire broke out on a ferry carrying more than 1,200 passengers from the Jordanian Red Sea port of Aqaba to…
Political powers demand resignation of El-Selmy, threaten second revolution
CAIRO: Fifteen political groups and four presidential hopefuls called for resignation of Deputy Prime Minister for Political Affairs Ali El-Selmy and threatened to hold mass protests on Nov. 18 if…