Interview: 25TV editors on resuming broadcast after security raid
CAIRO: Launched two months after the Jan. 25 uprising, an independent TV channel temporarily closed down on the same night that saw the bloodiest crackdown in months on a protest…
Military court acquits 12 protesters, adjourns Maikel Nabil’s case; prosecution renews Abdel-Fattah’s detention
CAIRO: Twelve protesters arrested in September near the Ministry of Defense were acquitted by military court on Sunday, while blogger Maikel Nabil’s trial was adjourned to Nov. 27. Activist Alaa…
Egypt eases regulations to promote Nilex trading
CAIRO: Egypt’s market regulator eased Sunday the rules and regulations for small and mid-cap investments on the Nile Stock Exchange (Nilex), the region’s first stock exchange for small and medium…
Embraer sees $14 bln Mid East market by 2030
DUBAI: Brazil's Embraer SA, the world's top regional aircraft maker, sees market potential of $14 billion for its aircraft ranges in the Middle East region in the period from now…
Bombardier eyes emerging market with new C-series
DUBAI: Canadian aircraft maker Bombardier is intensifying its focus on emerging markets for its crucial new C-series of jets, executives said on Sunday. "Of the order backlog so far of…
Emirates’ $18 bln Boeing order kicks off air show
DUBAI: Emirates airline placed a blockbuster order for 50 Boeing 777 jetliners at the Dubai Air Show on Sunday, underscoring the confidence brimming among fast-growing Gulf airlines despite growing fears…
AU troops in Somalia facing funding shortfall
NAIROBI, Kenya: African Union troops fighting Al-Qaeda-linked Islamists in the failed state of Somalia have a $10 million funding gap which has delayed the deployment of reinforcements and lifesaving equipment,…
Eastern Company Q1 profit up 66 pct y-o-y
CAIRO: Egypt's cigarette monopoly Eastern Company posted a first quarter net profit of LE 121 million ($20 million), up 66 percent from a year earlier, the stock exchange said on…
Gas forum readies for first summit
DOHA: Energy ministers of the Gas Exporting Countries Forum met on Sunday to prepare for the first ever summit of the 11-member group which will discuss fair prices and stronger…
Sudan conflict undermines talks but war unlikely: analysts
KHARTOUM: Ties between Sudan and the newly independent south are badly strained after violence surged along their tense border and darkened the prospects of talks, but analysts say all-out war…