Eritrean death toll on Egypt-Israel border rises to seven
EL-ARISH: An Eritrean woman shot in clashes with smugglers and police on Egypt's border with Israel earlier in the week died of her injuries Sunday, raising the death toll to…
Tosson residents suspend four-month-sit-in, arrested protestor released
CAIRO: Tosson residents suspended a sit-in in front of the Ministry of Agriculture Saturday as they await the final court verdict in their land dispute case, said lawyer Mohamed Ramadan.…
Water cuts leave residents dry
CAIRO: On Thursday residents of Sixth of October governorate were left with no water when the water supply was cut at around 8pm for almost 24 hours. The main pipe…
President’s intensive public appearances aim to counter rumors, boost trust in government, says analyst
CAIRO: While President Hosni Mubarak’s repeated public appearances attempted to counter rumors about a possible decline in his health, it also aimed to regain citizens’ trust in the government, observers…
Prices rising daily but remain within limits, says government report
CAIRO: “Prices will not rise in Ramadan”, Said Alfy, head of Egypt’s Consumer Protection Agency, promised the public before the Muslim holy month. Four days into Ramadan and it’s a…
22 pct unemployment among Egyptian youth, says study
CAIRO: The unemployment rate among youth has reached 22 percent in 2009, with 47.2 percent among women and 13.7 among men, according to a recent government study. The Central Agency…
Egypt’s EFG-Hermes H1 net profit rises 83.2 pct
CAIRO: Egyptian investment bank EFG-Hermes posted a 83.2 percent increase in first-half net profit to LE 580 million ($101.7 million) on Sunday. The firm, Egypt's largest listed investment bank, made…
Egypt’s Pioneers H1 net plunges 86.5 pct
CAIRO: Egyptian financial services firm Pioneers Holding posted an 86.5 percent decline in H1 net income to LE 10.5 million ($1.84 million), the stock exchange said on Sunday. Net income…
Egyptian Resorts H1 net drops, no land sales
CAIRO: Real estate firm Egyptian Resorts' net profit plunged by more than 90 percent in the first six months of 2010, the bourse said on Sunday, after the company failed…