Bahgory tackles the revolution in poignant exhibit
At Al Masar Gallery, an exhibition simply titled “Bahgory on Revolution” is currently on display. George Bahgory is one of a handful of artists who have become household names in…
US assets ban “antagonistic”, will have no impact, says Iran
TEHRAN: Iran on Tuesday denounced as "an antagonistic move" a tightening of US sanctions targeting Tehran's central bank and giving US banks new powers to freeze Iranian government assets, and…
Palestinians take step toward unity
By Ibrahim Barzak and Karin / AP RAMALLAH: After months of wavering, Palestinian President Mahmoud Abbas has taken a decisive step toward reconciliation with the Islamic militant group Hamas, a move…
Amid NGOs foreign funding row, poll shows most Egyptians oppose US aid
CAIRO: The majority of Egyptians are against receiving aid from the United States, according to a recent poll, which highlights increasing calls for transparency regarding the army budget, namely since…
AlexBank launches safe box for clients
CAIRO: AlexBank launched Alex Safe, a safe deposit box service supported by an integrated computer system, to provide the highest security standards for clients. Alex Safe is an increasingly demanded…
Egypt rises on move to faster presidential vote
CAIRO: Egypt's main index edged up 1 percent after the country's military rulers announced a date for nominations to a presidential election, a move likely to accelerate a transition to…
Egypt central bank accepts repos worth LE 12 bln
CAIRO: Egypt's central bank accepted LE 12 billion ($1.99 billion) in seven-day repurchase agreements in the money market on Tuesday, the same amount it had offered. The commercial banks had…
Egypt foreign reserves fall $1.77 bln in January
CAIRO: Egypt's net foreign reserves fell by $1.77 billion in January, the central bank said on its website on Tuesday. Reserves were $16.35 billion at the end of January, down…
Nigeria military detains French TV journalists
LAGOS: Soldiers guarding a city at the heart of ethnic and religious clashes in Nigeria detained and later threw out journalists working for a French television station trying to cover…
Egypt telecom tycoon Sawiris eyes new horizons
CAIRO: Egyptian telecoms magnate Naguib Sawiris wants to get back on the acquisition trail, eyeing businesses in Europe, the Middle East and Africa after selling a chunk of assets to…