Egyptian Resorts, CIB lead Egypt index up
CAIRO: Egypt's main index rose 0.3 percent, led by Egyptian Resorts and Commercial International Bank (CIB). Egyptian Resorts rose 3.6 percent after Samih Sawiris, the chairman of Swiss-based developer Orascom…
ICLD workers reach resolution, end sit-in
CAIRO: Workers from the Information Centers for Local Development (ICLD) have ended their sit-in outside parliament after receiving promises of pay increases. According to ICLD employee Abdel-Meneim Sharaf Eddin, a…
Former Brotherhood MP arrested in Beheira
CAIRO: Authorities arrested Muslim Brotherhood (MB) leader Gamal Heshmat along with another group member Osama Suleiman on the outskirts of Damanhour in the governorate of Beheira Monday evening. The two…
Algeria has several routes to buy Orascom unit, says Algerian TV
CAIRO: Algeria's government might consider buying Orascom Telecom's Algerian unit directly or purchasing it via another body, a minister said on Tuesday, complicating a sale to South Africa's MTN. Orascom…
Kefaya proposes civil disobedience, election boycott
CAIRO: The Egyptian Movement for Change (Kefaya) called on citizens Tuesday to pursue a policy of civil disobedience as a means of resistance. Kefaya also urged Egyptians to boycott all…
Anti-human trafficking law long overdue, says EOHR
CAIRO: The new anti-human trafficking law is an important step but it is overdue, head of the Egyptian Organization for Human Rights (EOHR) Hafez Abu Saeda told Daily News Egypt…
Shoura Council approves 2010/2011 draft budget
CAIRO: The Shoura Council, Egypt’s Upper House of Parliament, approved a draft of the national state budget for the fiscal year 2010/2011. “The state budget has to work on creating…
Law giving rights to people with disabilities to be discussed
CAIRO: A draft law concerning the rights of people with disabilities is slated for discussion during the upcoming Cabinet meeting this month before submitting it to the People’s Assembly and…
Archaeologists in Egypt find Ptolemaic king statue
CAIRO: Archaeologists in Egypt say they have discovered a headless granite statue more than 2,000 years old belonging to an unidentified Ptolemaic-era king. Tuesday's statement by the Supreme Council of…
US, Iran clash at UN nuclear meet
UNITED NATIONS: Iranian President Mahmoud Ahmadinejad blasted the United States at a UN conference here Monday for threatening to use nuclear arms, triggering a sharp American response and a walkout…
