Masked gunmen torch UN summer camp in Gaza
GAZA CITY: Dozens of masked gunmen stormed a UN-run Gaza summer camp early on Sunday and burnt it to the ground, threatening "harsh measures" against the Gaza director of the…
Pakistan says Egypt's Sewedy eyeing wind investment
Sewedy Cables is considering investing in Pakistan's wind energy sector, Pakistan's foreign minister said in Cairo on Sunday. "We have met with the Sewedy group yesterday and they have shown…
Telecom Egypt to link undersea cable to Jordan
Telecom Egypt, the country's fixed-line monopoly, said on Sunday it plans to expand the services it offers in Jordan and connect the country to its TE North undersea cable, which…
Egypt index slips, Telecom Egypt bucks trend
Egypt's main index continued to decline on Europe debt worries, but heavyweight Telecom Egypt cushioned the fall, jumping 4.1 percent after it said it was considering boosting its stake in…
A gust of wind energy in Egypt
CAIRO: Wind energy is growing leaps and bounds globally, at rate of 31.7 percent since 2001, and wind capacity is doubling every three years. While Africa is having difficulty keeping…
Removing energy subsidies may raise inflation, experts say
CAIRO: Egypt has shown resolve in its plans to eliminate energy subsidies for industries by the end of this year in ongoing parliamentary talks regarding the budget. The government appears…
Egypt PM wants Mubarak to seek another term, say reports
CAIRO: Egyptian Prime Minister Ahmed Nazif said in comments published on Saturday that he hoped 82-year-old President Hosni Mubarak would seek a sixth six-year term in an election due next…
UN says Gaza blockade hinders reconstruction aid
JERUSALEM: Most of the property and infrastructure damaged in Israel's offensive on the Gaza Strip was still unrepaired 12 months later and aid efforts have been largely ineffective, a UN…
Nefertiti won't come between us: German FM tells Egypt
CAIRO: German Foreign Minister Guido Westerwelle assured Egypt on Saturday that a dispute over the ownership of a 3,400 year-old bust of Queen Nefertiti will not damage ties between the…
Germany urges Mideast parties to pursue direct talks
CAIRO: German Foreign Minister Guido Westerwelle on Saturday urged Israel and the Palestinians, who are engaged in US-mediated indirect peace talks, to pursue direct negotiations. "Our talks focused on the…