Petrojet fight back to draw with Production
CAIRO: Petrojet came back from two goals down to draw 2-2 with Military Production in the fifth round of the Egyptian Premier League on Thursday.Newcomers Production took a first-half lead…
Gaish stun Zamalek
CAIRO: Substitute Mikael Dodzi scored the only goal as Gaish pulled off a 1-0 victory over Zamalek in the Egyptian Premier League on Thursday.A wonderful counter-attack move gave the military…
Crisis has stifled African boom: ratings agency
LONDON: The worldwide economic crisis has stifled Africa s growth boom and the region faces further threats even as a recovery gets underway in other parts of the world, a…
Political crisis will affect Lebanon economy: minister
BEIRUT: Political feuding delaying the formation of a new government in Lebanon will have a negative impact on the country s already shaky economy, Finance Minister Mohammed Shatah warned on…
Egypt Central Bank cuts lending rate
CAIRO: Egypt s Central Bank said Thursday it cut its key overnight deposit rate by 0.25 percentage points, as the government looked to further stimulate spending and sustain growth in…
Oil below $72 on concerns demand recovery slow
Oil prices weakened Friday, dampened by concerns that a recovery in US demand may be slower than expected and as stockpiles of refined products continued to rise.By midday in Europe,…
Thousands march in Iran opposition protests
TEHRAN: Hardliners attacked senior pro-reform leaders, including former President Mohamad Khatami, in the streets of Tehran Friday as tens of thousands marched in competing mass demonstrations by the opposition and…
Farouk Hosni leads in first UNESCO voting round
PARIS: World envoys to the United Nations cultural organization UNESCO gave 22 out of 57 votes to Culture Minister Farouk Hosni Thursday in his bid to be elected the new…
We need to show the true picture of Islam, says Mubarak
CAIRO: Marking Lailat Al Qadr - the night it is believed the first verses of the Quran were revealed to Prophet Mohamed - President Hosni Mubarak gave a speech at…
