Minister sees China overtaking U.S. as Egypt's largest trading partner
BEIJING: Egypt is reaching out to China to help develop a range of heavy industries as part of a rapid blossoming of trade and investment ties, Trade and Industry Minister…
Euromoney Conference kicks off tonight
CAIRO: The consortium of who s who in Egypt s financial affairs will all be found at the 11th annual Euromoney Egypt Conference opening tonight at the Semiramis InterContinental in…
9/11 Footnote: Egyptian, security guard and a false accusation
Associated PressCAIRO: They were different men going in different directions - one a visiting Egyptian student on scholarship, the other an ex-cop in a dead-end job as a hotel security…
Egypt and Jordan back renewed Arab peace drive
AMMAN: President Hosni Mubarak and Jordan s King Abdullah on Sunday urged the international community to work for a speedy resumption of Middle East peace talks, officials said. They said…
About 30 Egyptian asylum-seekers flee Czech holding center
PRAGUE: About 30 Egyptian asylum-seekers have escaped from a holding center near the Czech capital Prague, sparking tight security measures, the interior ministry said Sunday. Their escape late Saturday from…
Stocks slip in low-volume trade
CAIRO: Stocks slipped in low-volume trade on Sunday and brokers said investors would be watching a big investment conference in Cairo this week for clues to the future of the…
BLOM Bank Egypt goes back to basics; seeks to drop "newcomer" label
Bank executive says Egyptian financial sector remains attractive despite challengesCAIRO: The entrance of Lebanon s BLOM Bank into the Egyptian market at the end of 2005 could not have been…
Median interbank rate falls to 8.2 percent
CAIRO: The median overnight interbank rate on the pound fell to 8.2 percent on Sunday from 8.579 percent on Thursday in the absence of central bank auctions, traders said. Rates…
Three Egyptians arrested in Austria on smuggling claims
VIENNA: Police on Sunday were questioning five people from Egypt and Slovakia arrested overnight for allegedly trying to smuggle 17 refugees into Austria, authorities said.The suspects, three Egyptians and two…
Egyptian freighter stranded in South Carolina to set sail
CHARLESTON, South Carolina: An Egyptian freighter stranded for more than two months because of its owner s legal problems may get to set sail in just a few days, according…
