Egypt holds 26 over suspected Qaeda plot on Suez Canal
CAIRO: Egyptian security forces have arrested 26 suspected Al-Qaeda loyalists on charges of plotting attacks on foreign ships passing through the Suez Canal, the interior ministry said on Thursday.The suspects,…
Israeli press debate inheritance of power in Egypt
CAIRO: Hot on the heels of Israeli President Shimon Peres' meeting with President Hosni Mubarak in Cairo earlier this week, the Israeli press has latched onto the succession scenario that…
EU stresses cooperation not interference with Egypt
CAIRO: Members of the European Union (EU) Troika said Wednesday that their partnership with Egypt was along the lines of cooperation and not interference. The EU Troika comprises the European…
G8, emerging powers to resist protectionism, boost Doha talks
L AQUILA, Italy: The Group of Eight rich nations and emerging economic powers vowed Thursday to resist protectionism and give a new push to wrap up long-struggling WTO talks next…
Egypt looking to attract Gulf investments
CAIRO: In the past couple of years, the world has lived through four crises: food, fuel, financial and flu, said Egypt's Investment Minister Mahmoud Mohieldin. The fuel crisis had a…
Fund targets decaying Cairo downtown for makeover
CAIRO: Fund manager Beltone Financial plans to raise about $80 million to invest in property in Cairo s historic but decaying downtown, the latest initiative to revive the fortunes of…
Egypt's inflation drops to 9.9 percent in June
CAIRO: Urban consumer inflation dropped to 9.9 percent in June, down from 10.2 percent in May, an 18-month low, according to figures released by the Central Authority for Public Mobilization…
Bangladeshi author Nasreen pleads to return home
Bangladeshi writer Taslima Nasreen has petitioned Prime Minister Sheikh Hasina to be allowed to return home 15 years after fleeing death threats by Islamic militants, a report said this week.…
Michael Jackson memorial cost LA $1.4 million
Los Angeles spent $1.4 million to provide security, traffic control and other services for Michael Jackson s memorial service, city officials said as they looked for ways to have others…
