Gaza PM in Egypt, 1st visit since Hamas takeover
CAIRO: Gaza's Hamas premier was in Egypt Monday on his first trip outside the blockaded territory since the Islamists overran it in 2007, saying his meeting with his Islamic ideological…
Egypt PM urges G8 to help unlock promised aid
CAIRO: Egypt's prime minister appealed to Group of Eight countries on Monday to help unlock billions of dollars in aid promised in September but not yet delivered under an initiative…
Recent clashes prove that Mubarak is not guilty, says defense lawyer
CAIRO: Head of the volunteer defense team Yousry Abdel Razek said that the recent clashes between protesters and security and armed forces, prove that other authorities gave orders to shoot…
Rights activists condemn violence against children during clashes
CAIRO: Human rights activists condemned the violence used against children by the armed forces, while questioning the nature of the orders given to the soldiers as they cracked down on…
Military Court adjourns trial of 3 soldiers in Maspero case to Jan. 8
CAIRO: The Supreme Military Court adjourned Tuesday the trial of three military soldiers accused of killing 14 protesters in the Maspero violence to Jan. 8. The soldiers are…
AP survey: Economy to pick up but still vulnerable
WASHINGTON: The US economy will grow faster in 2012 — if it isn't knocked off track by upheavals in Europe, according to an Associated Press survey of leading economists. Unemployment…
Saudi would replace Iran crude if EU embargoes: sources
DUBAI: Top oil exporter Saudi Arabia and other Gulf OPEC states are ready to replace Iranian oil if further sanctions halt Iranian crude exports to Europe, industry sources said on…
Saudi Savola jumps but index slips after budget; Gulf mkts dip
DUBAI: Saudi group Savola climbed to its highest level in nearly 8 months on Tuesday after saying it old a property firm for $168 million, while most Gulf markets declined.…
Egypt’s Kabo posts wider first-quarter net loss: bourse
CAIRO: Egyptian garment marker El Nasr Clothing & Textiles Co (Kabo) reported a wider net loss for the first quarter, the bourse said on Tuesday. Net loss for the quarter…
Egypt cbank accepts repos worth LE 22 bln
CAIRO: Egypt's central bank accepted LE 22 billion ($3.65 billion) in seven-day repurchase agreements in the money market on Tuesday, the same amount it had offered. Banks had sought repo…