Telecom Egypt nine-month results show decline in net income
Analysts unconcerned by non-recurring reasons behind declineCAIRO: Telecom Egypt's (TE) nine month 2006 net income declined by 17.2 percent to LE 1.5 billion from LE 1.8 billion in the same…
In Egypt, minors sold for prostitution under guise of marriage
CAIRO: nadi was a teenager when she was sold into a short-term marriage by her father. "When I was 14, my father told me I was to be married to…
Mentor Graphics Egypt sales hit $65 mln
Sales of Mentor Graphics Egypt soared to $65 million this year from $60 million a year ago, accounting for 15 percent of the company's sales in the Middle East region,…
Egyptian shares slip on local sentiment
Egyptian shares slipped on Thursday in spite of some strong nine-month results released in the past 10 days and some heavy buying by foreigners.Brokers said local retail investors were now…
Telecom Egypt profits from Vodafone Egypt hit LE 550 mln
Profits of Telecom Egypt, achieved from its 48.9 percent stake in Vodafone Egypt, exceeded LE 550 million over the first nine months of this year, said Chairman of Egypt Telecom…
S&P maintains Egypt rating, says deficit is key
Ratings agency Standard & Poor s on Thursday maintained Egypt s long-term sovereign credit ratings at BB+ for foreign currency and BBB- for local currency.It said it could raise the…
Present and Tense: A king in waiting
I've had it with the leftists. All this mumbo jumbo about human rights, empowering women, and the rights of the Islamists to run for office is not only bad for…
Syria and Iran: To Engage or Not to Engage
As the United States veers from its modus operandi in Iraq and contemplates alliances with Syria and Iran to remedy Iraq's catastrophic reality, the question of dialogue remains at the…
UN report draws attention to deteriorating human rights in Palestinian territories
Renewed violence as Israel responds to first lethal rocket attack since 2005CAIRO: Warplanes raided targets in the Gaza Strip Thursday in response to rocket attacks that killed an Israeli woman…
