Ahly considers bonus raise
CAIRO: Ahly s football committee is considering raising players incentives ahead of the Egyptian champions clash against Enyimba in the CAF Champions League. The committee originally set a winning bonus…
Egypt median o/n interbank steady, pound falls
CAIRO: The median overnight interbank rate on the Egyptian pound was steady at 11.9 percent on Thursday compared to 11.907 percent on Wednesday, dealers said. The central bank was scheduled…
Egypt may freeze some energy prices to fight slowdown
CAIRO: The Egyptian government may temporarily freeze prices some industries pay for energy to help Egypt s economy withstand a global financial crisis, the country s trade minister was quoted…
Orascom Telecom plunges, leading Egypt shares down
CAIRO: Orascom Telecom posted its sharpest single-day drop in 22 months on Thursday, dragging down Egypt s CASE 30 index, as foreigners dumped the stock as part of a global…
Sudanese president begins Darfur peace conference
KHARTOUM, Sudan (AP) _ Sudan s president has launched a three-day meeting to hammer out what he calls a national vision for peace in the country s wartorn Darfur region.Regional…
Five countries to be elected to join UN Security Council
UNITED NATIONS: The UN General Assembly votes today to choose five new non-permanent members of the powerful Security Council, with all eyes on the contest between Iran and Japan for…
Egypt hails Lebanon-Syria 'step in right direction'
CAIRO: Egypt on Thursday hailed Syria and Lebanon s establishment of diplomatic ties for the first time since independence 60 years ago as a step in the right direction. Egypt…
PA delegation refuses to attend Ayman Nour discussion in Geneva
CAIRO: The Egyptian parliamentary delegation refused to attend the human rights session of the International Parliamentary Conference in Geneva Wednesday because it was discussing the case of incarcerated former presidential…
Optimistic outlook for telecom in North Africa
CAIRO: The financial crisis is spreading skepticism across the world, yet spirits and attendance were high at the North Africa Com Conference, the largest conference on telecommunication in the region,…
'Bride & Groom' caricatures lack character
The post-Eid wedding season is upon us, one wedding after the next. And yet recently in the Egyptian marriage-obsessed society, the concept of a gawwaz el-salonat (arranged marriages) has been…