Egypt sells LE 5 bln in T-bills, yields rise
CAIRO: Egypt's central bank sold LE 5 billion ($837.55 million) in domestic treasury bills on Sunday, the same amount it had offered, the Finance Ministry said. The central bank sold…
Alcotexa sells 3,167 T cotton in past week
CAIRO: Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 3,167 tons of cotton in the week that ended on Oct. 29, an Alcotexa official told Reuters on Sunday. The…
GASC buys 120,000 T Ukrainian wheat
CAIRO: Egypt, the world's largest wheat importer, has bought 120,000 tons of Ukrainian wheat for January 11-20 shipment, the main government wheat buyer said on Saturday. Nomani Nomani, vice chairman…
Arab FMs tell Assad to stop killing civilians
CAIRO: An Arab foreign ministers taskforce on Syria sent President Bashar Al-Assad an urgent message on Friday denouncing "the continued killings of civilians" and called on him to protect them.…
US Apache plans $1.5 bln Egypt investments in 2012
CAIRO: American oil and gas company Apache Corp plans to increase investments in its Egypt operations by $1.5 billion starting in 2012, Egypt's General Authority for Free-zones and Investments (GAFI)…
Muslim Brotherhood makes first visit to Hamas-led Gaza
GAZA: Egypt's Muslim Brotherhood visited the Hamas-ruled Gaza Strip for the first time on Saturday, signaling a shift in Cairo's posture toward the Palestinian Islamists since the fall of President…
Egypt brokers ceasefire after Israel-Palestinian bloodshed
GAZA CITY: Sources close to Gaza militant groups said early Sunday that they were trying to call a halt to rocket fire that brought deadly retaliatory Israeli air strikes. But…
Activists urge Arab League to freeze Syria membership
NICOSIA: Syrian activists on Sunday urged the Arab League to freeze the country's membership in the 22-member organization over the deadly crackdown on pro-democracy protests. The Syrian Revolution 2011, one…
Mubarak faces next trial hearing on Dec 28
CAIRO: The next session in former Egyptian president Hosni Mubarak's trial will be on Dec. 28, two days after a separate court convenes to decide whether to change the judges…
World Bank says ready to support post-revolt Egypt
CAIRO: The World Bank is ready to support Egypt during its fragile transition from Hosni Mubarak's rule, its vice president for the Middle East and North Africa said on Thursday.…