Brazil tasked with keeping the peace in quake-hit Haiti
PORT-AU-PRINCE: The monumental task of stabilizing Haiti, already a challenge for a Brazilian-led UN peacekeeping force in place since 2004, suddenly got a lot harder following last week s devastating…
Pressure for bank reforms to rise at Davos meet
ZURICH: Pressure for bank reforms is set to grow at a gathering of the world s elite at Davos this week, shortly after US President Barack Obama set the stage…
Egypt index falls as bloc on Obama plan
CAIRO: Egypt s leading stock index records declines across the board as investors react to US President Barack Obama s plan to curb risk-taking by banks. The main index shed…
Israel arrests suspects in abducted African refugees case
JERUSALEM: Israeli police said on Thursday they have arrested two men suspected of running a ring that abducted and swindled African refugees in Egypt seeking to illegally enter Israel.The two…
Egypt says to back Yemen at London conference
SANAA: Yemeni President Ali Abdullah Saleh held talks Saturday with Egyptian Foreign Minister Ahmed Aboul Gheit, who stressed his country s support for Yemen at an upcoming London conference. We…
Three hurt in Lebanon over Egypt's Gaza barrier
BEIRUT: Police have clashed with stone-throwing protesters outside Egypt's embassy in Beirut and at least three people were injured.About 200 people took part in Saturday's protest over Egypt's construction of…
US delegation in Cairo, as Egypt decries foreign interference in Nagaa Hammadi affair
CAIRO: An American delegation from the US Commission on International Religious Freedom is currently in Egypt, with plans to discuss the recent Nagaa Hammadi shootings, though the visit had been…
Trade ministry rejects cement price increase
CAIRO: The government rejected an attempt by the cement industry to raise prices based on sustained high demand, according to news reports.Suez Cement, a subsidiary of Italian company Italcementi, and…
Egypt's Concord eyes up to $750 mln from Japan
CAIRO: Egyptian company Concord International Investments aims to raise up to $750 million from Japanese investors seeking more exposure to Egypt s undervalued firms and growing economy, the fund manager…
'Inglourious Basterds' wins SAG film award
While Jeff Bridges and Sandra Bullock s chances for Academy Award gold were advanced with their trophies at the Screen Actors Guild Awards, the blockbuster Avatar may have felt a…