Coalitions discuss unifying electoral lists, FJP participation uncertain
CAIRO: A number of coalitions comprising major parties from across Egypt’s political spectrum are discussing the possibility of contesting elections under a unified list. The coalitions include the Egyptian Bloc,…
Egypt Islamic body blossoms in Arab Spring
CAIRO: Egypt's highest religious authority, Al-Azhar, is emerging from the shadow of ousted President Hosni Mubarak as it tries to salvage a prestige tarnished by decades of submission to strongman…
First Global Sister Cities and Twinning Summit kicks off in Cairo
By Omnia Al Desoukie CAIRO: Citizen diplomacy leaders representing over 30 countries including government officials, CEOs and executive directors from global foundations, corporations and universities are convening in Cairo for the…
Experts debate reform within the interior ministry
CAIRO: As reforming the interior ministry continues to top the list of demands of Egypt's revolution, experts remain skeptical over whether it is moving in the right direction or is…
French business sees $200 bln Libyan opportunity
PARIS: Rebuilding Libya could be worth at least $200 billion over 10 years, but France's role in ousting Muammar Qaddafi will not be enough to seal deals, the chief of…
Pachin full-year profit down 14 percent
CAIRO: Egyptian paintmaker Pachin's reported a 14 percent drop in net profit in the year to June 2011 to LE 133 million ($22 million), the stock exchange said in a…
Higher production, oil prices boost Circle Oil profit
CAIRO: Circle Oil's first-half profit rose by four times, driven mainly by a rise in production and higher oil prices, and the oil and gas explorer said it planned to…
Egypt ranks 94 in global competitiveness, falling 13 spots
CAIRO: Egypt slid to number 94 in the 2011-12 Global Competitiveness Report, falling 13 places from last year. Egypt came in at 94 out 142 countries, receiving a 3.9 rating…
Egypt market inches up; OT leads
CAIRO: Egypt's main index inched higher, buoyed by gains in Orascom Telecom (OT) after Russia's Vimpelcom, which bought a controlling stake in the firm in March, released results that reassured…
Fugitive Qaddafi denies fleeing to Niger
TRIPOLI: Fugitive former Libyan leader Moammer Qaddafi denied as lies Thursday reports he has fled to Niger, while the remnants of his battered forces were pinned down by fighters of…