Founder of Islamic Jihad renounces violence in new book
CAIRO: It is difficult to imagine the atmosphere in Tora Prison these days. For years the notorious penitentiary south of Cairo has confined many Islamists with known links to violence.…
US arms deal may lead to arms race, say pundits
CAIRO: The recently announced US initiative to arm its friends in the Middle East to limit Iranian influence may plunge the region into an intense arms race, political pundits told…
Huge turnout at funeral of Sinai clashes victim
CAIRO: An estimated 20,000 people participated Wednesday afternoon in the funeral procession of a 15-year-old boy who died the previous morning after clashes between Bedouins and police in the Maassura…
President of Judges' Club calls for regulatory changes
CAIRO: President of the Judges' Club Zakaria Abdel Aziz demanded changes to the Club's regulations that would restrict the presidency of the club to one term. Hisham Al Bastawisy, member…
Brotherhood students vanish without a trace
CAIRO: Six Muslim Brotherhood-affiliated men were arrested without charge by state security on July 18th and three have completely disappeared, according to Brotherhood MP Hamdy Hassan.Nobody has been able to…
Link Development joins Microsoft Dynamics President's Club
CAIRO: Link Development has received recognition from Microsoft for outstanding customer commitment and sales achievement and has been named to the Microsoft Dynamics President's Club, according to a statement released…
Chinese imports to Egypt will have to meet WTO standards
CAIRO: Egyptian traders received with joy and relief the news that Chinese imports entering the local market will have to meet standards set by the World Trade Organization (WTO). Minister…
Egypt's Sawiris completes Greek telecom buy
Egyptian billionaire and Orascom Chairman Naguib Sawiris boosted his reach on Tuesday with a deal to buy out Tellas, Greece s second-largest phone company.Greek power utility Public Power Corp. (PPC),…
Increase in QIZ exports not enough, say industry players
Qualifying Industrial Zone (QIZ) exports have increased this quarter by 10.6 percent from $164.7 million to $182.3 million. While the increase in exports may seem substantial, Karim Shafie managing partner…
Banque Du Caire balance sheet reveals debt burden
CAIRO: The Cabinet released Banque Du Caire's balance sheet dated March 31, 2007, publicizing the bank's declining monetary status amid controversy surrounding plans to privatize the bank.According to the balance…