Telecom Egypt cuts dividend, delays cable launch
CAIRO: Telecom Egypt has proposed a reduced dividend and delayed the launch of an undersea cable until the second quarter, its chief executive said on Monday, after posting lower-than-expected earnings.The…
Egypt index falls on concern over president
CAIRO: Egypt s main index EGX30 tumbled 3.8 percent Monday, its biggest one-day fall since Nov. 30, on speculation about President Hosni Mubarak s health because the Egyptian leader has…
Israel approves barrier along border with Egypt
JERUSALEM: The Israeli government on Sunday gave final approval for the construction of a barrier along the border with Egypt in a bid to curb the entry of illegal immigrants.A…
Egypt arrests Israeli journalist along the border
JERUSALEM: Egyptian security officials arrested an Israeli journalist as he tried to sneak across the porous Israeli-Egyptian border with African migrants, his newspaper reported Monday.An Egyptian security official said the…
Settlement expansion 'endangers' Mideast talks, says EU's Ashton
CAIRO: EU foreign policy chief Catherine Ashton said on Monday that Israel s decision to build new settler homes in east Jerusalem endangers indirect talks between Israel and the Palestinians.…
Students protest against Israeli actions in Jerusalem
CAIRO: Hundreds of students held demonstrations in front of Cairo University's main gate on Monday, denouncing attacks on Palestinians by Israeli police in the compound of Al-Aqsa mosque.The demonstrations were…
NDP denies deal with opposition to exclude ElBaradei, Brotherhood
CAIRO: The National Democratic Party (NDP) has denied accusations of a secret deal struck with certain opposition parties to divide the Muslim Brotherhood's current parliamentary seats amongst them and to…
Three Egyptian companies earn Endeavor support
CAIRO: Endeavor's first international selection panel chose three Egyptian companies best positioned to benefit from the mentorship and network access offered by the NGO, which supports entrepreneurs.The beneficiaries include restaurateur…
Telecom operators ordered to ban internet voice services
CAIRO: Egypt's National Telecommunication Regulatory Authority (NTRA) has decided to enforce legislation banning voice services on the internet, according to Khaled Hegazy, external affairs director for Vodafone. At press time,…