BP in major gas find off Egypt coast
CAIRO: Egyptian Oil Minister Sameh Fahmy announced Tuesday that the world s second biggest oil firm BP had discovered more than one trillion cubic feet of natural gas in the…
Egyptian stocks bounce, with Ezz Steel climbing
CAIRO: Egyptian stocks bounced back on Tuesday from a nearly two-week downward streak, with Ezz Steel surging 7 percent on unconfirmed rumors of a possible capital increase, traders said. Shares…
Ministers Council to discuss creation of national task force to fight corruption
Analyst: Government needs to implement existing laws and amend ineffective onesCAIRO: A new proposal for the establishment of a national task force to fight corruption will be presented to the…
Activists to protest in New York in support of jailed blogger
CAIRO: A group of human rights activists are organizing a protest in front of the Egyptian mission in New York City on Wednesday afternoon, Jan. 31 in support of the…
Egyptian diplomacy in the spotlight again
But can the uneasy Fatah-Hamas truce last?Another flare-up in the Arab world and another Egyptian diplomatic initiative to bring about an end to hostilities.The past two years have proven to…
Egypt says latest Palestinian truce tenuous without political solution
CAIRO: Warring Palestinian factions Fatah and Hamas have agreed to yet another ceasefire in the wake of an Israeli response to a Palestinian suicide bombing in Eilat and President Mahmoud…
British Airways opens new venue at the InterCon
CAIRO: British Airways (BA) recently inaugurated the opening of its new offices at the InterContinental Residence Suites at the City Stars complex. The British Ambassador Sir Derek Plumbly attended the…
OTV hits the airwaves
Sawiris-owned TV channel launches todayCAIRO: Business tycoon Naguib Sawiris s much talked-about satellite TV channel OTV launches today on Nile Sat in a major step forward by the Egyptian billionaire…
Rachid, Sampson talks highlight deep difference over free trade agreement
CAIRO: Talks between the Minister of Trade and Industry Rachid Mohamed Rachid and the US Deputy Secretary of Commerce David Sampson have underlined the deep difference between the US and…
Britain's famed Royal Philharmonic Orchestra graces Egypt
CAIRO: Egypt has hosted the Bolshoi Ballet, heard Dizzy Gillepsie, and watched the Royal Shakespeare Company, but until last night, it had never experienced the impeccable sounds of the Royal…