Sewedy Cables posts $45 million H1 net income
CAIRO: El Sewedy Cables, listed on the stock exchange in May, reported a net income of LE 256 million ($45 million) for the first half of 2006, the stock exchange…
Three firms bid for stakes in Raya Telecom
CAIRO: Three multinational companies have submitted offers to buy stakes in Egypt s Raya Telecom, a subsidiary of Raya Holding, the stock exchange said on Monday. In a statement on…
Egyptian ferry rescued in Red Sea
CAIRO: An Egyptian ferry carrying about 1,000 passengers, mainly Muslim pilgrims, was rescued in the Red Sea after running into difficulty, the official MENA news agency reported Monday. The Cleopatra…
Council discusses journalistic integrity
Journalists hope for a sign that the syndicate retains ultimate powerCAIRO: Journalism is renowned for being a profession that at times lands those working in it in trouble. Unveiling information,…
Muslim Brotherhood members arrested
Akef continues to slam government through statementsCAIRO: The Muslim Brotherhood's secretary general and 16 other leading group members were arrested during a recent meeting. State security has also revoked an…
The anatomy of a downtown demo
"But they are my grandchildren's age, were reportedly among the last words uttered by 72-year-old Ahmed Mustagir, geneticist, philosopher and poet, and one of Egypt's greatest contemporary scientists, as he…
Alexandria event focuses on documentaries
Summer film festival defies myth that culture has no place in the sunCAIRO: Less than four months since the last one, the Fourth Caravan of the Euro-Arab Cinema opened last…
Deal for Israel-Hezbollah prisoner swap reportedly in the works
CAIRO: Israel and Lebanese militant group Hezbollah have reached a deal brokered by Germany for a prisoner exchange to take place within two or three weeks, the state-owned daily Al-Ahram…
Egypt urges dialogue in Iranian nuclear standoff
Iran says it will pursue atomic work despite deadlineTEHRAN: Iran insisted on Sunday it would never stop uranium enrichment despite a looming UN deadline intended to ensure it cannot develop…
Thanks to incentives for Qualified Industrial Zones, Egyptian textiles are reaching the U.S. market
CAIRO: After a slow start, Egypt s Qualified Industrial Zones (QIZs) are finally beginning to deliver significantly increased textile export growth. And, perhaps just as importantly for the long term,…
