Ferry with 1,400 aboard sinks in Red Sea
CAIRO: Rescue teams have picked up 100 survivors from a ferry which sank in the Red Sea overnight, Egyptian television said on Friday, quoting naval sources.The ferry, the Al Salam…
AUC on the move
CAIRO: Boyd Hight was elected chairman of the Board of Trustees of the American University in Cairo (AUC) last November. Amongst the university s biggest challenges is the construction of…
Egypt coach urges respect for Congo in African Cup quarterfinals
CAIRO: The local fans are ecstatic that Egypt has reached the quarterfinals at the African Cup of Nations.The national team s coach, however, is urging his players to be wary…
Mubarak warns of terrorist threat over prophet cartoons
CAIRO: President Hosni Mubarak warned Thursday that the reprinting by several European newspapers of cartoons deemed offensive to Islam risked provoking a terrorist backlash. The president warned of the near…
Promoting regional cooperation
CAIRO: In a bid to provide assistance to countries in need, the Egyptian ministry of foreign affairs has stepped up efforts to support and aid the growth of neighboring third-world…
Imam: We have censorship chaos in the region
CAIRO: The star-studded cinematic adaptation of Emaret Yacoubian (Yacoubian's Building), will be screened at the Berlin Film Festival and is slated for a summer commercial release in its original version,…
Al-Wafd crisis continues
CAIRO: Dozens of Al-Wafd newspaper reporters and editors demonstrated for hours in front of Cairo's press syndicate on Wednesday, calling on Noaman Gomaa, overthrown party chairman, to release their paper…
Press Round-up
CAIRO: The results of Hamas' victory in the Palestinian elections, the official and public reactions to the Danish cartoons deemed offensive to Muslims, the ongoing ban on Al Wafd newspaper…
EFG-Hermes share issue drags Egypt bourse lower
CAIRO: Egyptian investment bank EFG-Hermes led a fall on the Egyptian bourse on Thursday after it announced it would increase its capital by issuing more shares, traders said.At an extraordinary…
Egypt median o/n interbank rate steady at 8.40 percent
CAIRO: The median overnight interbank rate on Egypt s pound held broadly steady at 8.4 percent on Thursday from 8.413 percent on Wednesday, after a central bank auction in the…
