Kuwait Energy Co says finds oil in Egypt
Privately-held Kuwait Energy Co has found a new oilfield in Egypt, the company said in a statement on Sunday. Oil flowed from the Al Zahraa oilfield at the rate of…
Analysis: Mubarak visits US as Obama pushes for Mideast peace deal
CAIRO: Egyptian President Hosni Mubarak on Saturday began his first visit to the United States in five years, to meet his US counterpart Barack Obama for talks that will focus…
Egypt opens Rafah crossing to Muslim pilgrims
CAIRO: Egypt opened the Rafah border crossing with Gaza for two days on Saturday to allow Palestinian Muslims to travel to Saudi Arabia to perform the umrah, the smaller pilgrimage,…
Mubarak taking Gamal on US visit fuels speculation
CAIRO: While the meeting between President Hosni Mubarak and American counterpart Barack Obama slated for Tuesday will focus on Middle East peace, Mubarak's first visit to the US in five…
Security officials release 11 MB members
CAIRO: Security released 11 of the recently detained Muslim Brotherhood members following several release orders from different Cairo courts. Prominent Brotherhood member and chairman of the Arab Doctors' Union, Abdel…
Dana Gas sees Q2 net profit surge
CAIRO: Dana Gas, a United Arab Emirates-based private natural gas company, made a net profit of 392 million dirhams for the second quarter of 2009, up from 34 million dirhams…
Egypt to reclaim 3.4 million feddans to meet food needs: IDSC
CAIRO: The Egyptian government is working on a plan to reclaim 3.4 million feddans of desert land for farming to improve Egypt's food security by 2017, according to Egypt's State…
Suez Canal revenues rise in July
CAIRO: Egypt's Suez Canal Authority posted July numbers that signal a steady rebound for one of the government's primary income sources.Revenue for the canal in July hit $382.9 million, about…
Indian outrage at actor's US airport questioning
Indian newspapers on Sunday railed against the questioning of Bollywood superstar Shahrukh Khan at a New York airport after the actor suggested he had been singled out because he was…