Egypt seizes large weapons cache in Sinai cave
CAIRO: Egypt's security forces on Thursday seized a large weapons cache including anti-aircraft missiles and an aircraft bomb, the official MENA news agency reported. North Sinai security forces…
Egypt appoints new antiquities chief
CAIRO: Egypt's Prime Minister Essam Sharaf on Thursday appointed Mustafa Amin the new antiquities chief tasked with protecting the country's treasures, the official MENA news agency reported. Amin, who had…
Internet firms co-opted for surveillance: experts
NAIROBI: Internet companies such as Google, Twitter and Facebook are increasingly co-opted for surveillance work as the information they gather proves irresistible to law enforcement agencies, Web experts said this…
America’s free-trade abdication
By Jagdish Bhagwati NEW YORK: The indifference and apathy that one finds in Washington from both the Congress and President Barack Obama on the Doha Round of world trade talks,…
Egypt M2 money supply rises 9.5 pct end-August
CAIRO: Egypt's M2 money supply rose 9.5 percent in the year to the end of August, the central bank said on Thursday. Money supply was 1,024.3 billion Egyptian pounds, up…
Gold rises but set for worst month in nearly 3 years
LONDON: Gold rose more than 1 percent on Friday but was on track for its biggest quarterly gain this year as concerns that the euro zone debt crisis was far…
Egypt’s state wheat buyer to visit Ukraine
CAIRO: Egypt's state-owned wheat buyer, the General Authority for Supply Commodities (GASC), will start a visit to Ukraine on Sunday as it prepares to add the country as a source…
Egypt growth to make slow recovery after uprising
CAIRO: Egypt's economy will grow by just 1.3 percent this financial year and 3.6 percent next as it makes a slow recovery from the disruption to tourism and investment from…
Egypt’s TMG to invest $3 bln over 3 years: paper
CAIRO: Egyptian property developer Talaat Moustafa Group (TMG) is pressing ahead with its investment plans and aims to spend LE 18 billion ($3 billion) on its two main projects in…
Egypt inches towards far-reaching food subsidy reform
CAIRO: Egypt, once the breadbasket of the ancient Roman empire and now the world's biggest wheat importer, is paying a hefty price to keep its citizens fed with cheap…