Maadi-Helwan candidates exchange accusations, no run-off
CAIRO: The Administrative Court said Sunday that it has no jurisdiction over the lawsuit filed by the parliamentary candidates in the ninth constituency and that these cases are under the…
Run-offs proceed in Cairo’s first constituency despite court order
CAIRO: The run-offs kicked off Monday in Cairo’s first constituency, despite a court verdict to cancel the vote following violations in the counting phase. "I will head to the Prosecutor…
Subsidies in question as Egypt’s deficit rises
CAIRO: While talk of reducing expenditures by cutting back on some subsidies may make sense in numbers and figures — to deal with Egypt’s increasing budge deficit and decreasing foreign…
Commentary:Wins by Egypt’s Islamists raise twin risks
By Una Galani/Reuters Breakingviews DUBAI: An Islamist-led parliament is set to replace Egypt's failed authoritarian secular one. Economic necessity should keep extremism at bay. But the Muslim Brotherhood's long-term agenda,…
DP World plans $850 mln investment for Jebel Ali port
DUBAI: DP World, the world's third-largest port operator, will invest $850 million over the next three years to create additional capacity at one of its key ports in the United…
Gold dips, investors cautious before euro zone summit
LONDON: Gold prices dipped on Monday, after posting their sharpest weekly rise in more than a month, in cautious trading ahead of a meeting of European Union leaders to come…
Energy E&P spending to reach record high 2012: BarCap
LONDON: Global energy exploration and production (E&P) spending will reach the record high level of $598 billion in 2012 helped by high oil prices, Barclays Capital said on Monday, with…
AlembicHC cuts price target on Citadel Capital
CAIRO: AlembicHC cut its price target on Citadel Capital SAE by 39 percent to LE 4.19, and estimated that the Egyptian private equity firm faces about $269 million in fund…
Introducing the Virgin Mary as fashion icon
By Emma Charlton / AFP For 700 years Catholic faithful expressed their devotion to the Virgin Mary by creating an elaborate wardrobe for the mother and child, on display in a…
Photographers bring their wars to New York’s Bronx
After dangerous, dusty assignments in Iraq and Afghanistan, photographer Michael Kamber has chosen a tough area of New York City as the new backdrop for his interest in war. The…