Naeem Holding, Siraj Capital launch $500 mln company
CAIRO: Egyptian investment bank Naeem Holding and Saudi-based Siraj Capital Ltd. launched a $500 million company to invest in the hospitality and tourism sector, a statement from the companies said.The…
Mortgage finance market records big increase in total profits
CAIRO: The Mortgage Finance Authority (MFA), established in 2001, has seen an increase in the total profit of the mortgage finance market from LE 15 million in 2005 to over…
Egypt Qaeda branch calls for attacks on "Crusaders"
DUBAI: A man described as a leader of Al Qaeda s wing in Egypt called for attacks on Israeli and Western targets in the Arab world s most populous country…
Egypt urges Israel on peace process ahead of summit
CAIRO: Egypt has pressed Israel to pave the way for peace talks with Palestinians by meeting longstanding Palestinian demands on Jewish settlements and the barrier in the West Bank, the…
MP files complaint against democracy advocate Saad Eddin Ibrahim
CAIRO: Shoura Council member Nabil Louqa Bibawi recently filed a complaint to the public prosecutor under penal code 77-D against democracy advocate Saad Eddin Ibrahim, Ibrahim told The Daily Star…
Blair's efficacy as mideast envoy widely doubted
CAIRO: Press reports claimed that exiting British PM Tony Blair will be formally confirmed as the Middle East Envoy for the Quartet - composed of the European Union, UN, US,…
No breakthrough in Sharm summit, say observers
SHARM EL-SHEIKH: In the Red Sea Resort of Sharm El-Sheikh, the Egyptian, Jordanian, Palestinian and Israeli leaders convened Monday in a show of solidarity with President Mahmoud Abbas as the…
Arab and Chinese activists campaign to release 'cyber dissidents'
CAIRO: Arab and Chinese youth activists will be joining forces in a new Internet campaign calling for the release of imprisoned Chinese bloggers and demanding greater freedom of expression in…
Mena education behind, but reformable
CAIRO: The pre-launch workshop for the Middle East and North Africa (Mena) World Bank Flagship Report centered on three key recommendations presented by Ahmad Galal, Managing Director for the Economic…
Egyptian delegation to join World Dental Congress
CAIRO: The Annual World Dental Congress to be held in Dubai next October invited members of the Egyptian dental community to attend a press conference on June 24. Egypt is…