Stocks fall in early trade, wipe out rebound
CAIRO: Egyptian stocks extended this week s heavy losses in early trade on Thursday in a bout of panic-selling by small investors and Gulf investors, traders said. The benchmark Hermes…
Arab art auction garners impressive results
Associated PressDUBAI: The status-obsessed Gulf emirate of Dubai notched another milestone Wednesday as international auction house Christie s pulled off the Middle East s first major international art auction, selling…
Rio in Cairo
ŠΘ###The Brazilian theme, hence the name "Rio," and it is the latest night spot managed by Nisha, right, seen here with Andre and Nadie##Nisha also has Absolute, Abou El Sid,…
Wide-scale protests expected today
CAIRO: After weeks of violent demonstrations and the anniversary of "Black Wednesday looming today, activist groups are expected to continue to put pressure on the Egyptian government. Last week, violence…
WHO chief warns of bird flu "blind spots"
Reuters GENEVA: Bird flu threatens human lives in hundreds and possibly thousands of disease blind spots around the globe, the late head of the World Health Organization said in remarks…
Placing brings Egypt's El Sewedy Cables to market
CAIRO: Major shareholders in El Sewedy Cables raised LE 1.29 billion ($224 million) through a private placing carried out through the Egyptian stock exchange, a company statement said on Wednesday.…
Taking a stride in the technology race
CAIRO: Under the auspices of Tarek Kamel, minister of communication and information technology, Orascom Telecom (OT) and Intel Capital, the venture capital investment arm of Intel Corporation, announced on Tuesday…
Verbal clash continues with Interior Ministry
CAIRO: Muslim Brotherhood members in parliament continue to appeal for what they have called a "confrontation with the Ministry of Interior and the Prime Minister. The Brotherhood says they still…
Zahar says Palestinian extremists collaborating with Sinai bombers are not from Hamas or Jihad
CAIRO: Palestinian extremists who Egypt alleges helped militants carry out terror attacks on Sinai tourist resorts are not connected to the Palestinian groups Hamas or Islamic Jihad, the foreign minister…
CORRECTION
In the May 24 edition of the newspaper, story entitled "Mubarak lashes out at press over coverage of protests, The Associated Press erroneously attributed critical comments in a newspaper editorial…