Nazif wants no Brotherhood block in parliament
Reuters SHARM EL-SHEIKH, Egypt: The Egyptian government wants to prevent the Muslim Brotherhood forming a parliamentary group by winning seats as independents in future elections, Prime Minister Ahmed Nazif said…
Egypt mulls pound eurobonds
Reuters SHARM EL-SHEIKH, Egypt: The Egyptian government has started talks with investment banks on the possibility of issuing bonds abroad denominated in Egyptian pounds, Investment Minister Mahmoud Mohieddin said in…
Retail selling pulls stock market lower
CAIRO: A slump in EFG-Hermes shares pulled the wider Egyptian stock market lower on Monday, with a sell-off by small investors expecting a further drop in stock prices weighing on…
Call center chief sees offshore growth in Egypt
Reuters SHARM EL-SHEIKH, Egypt: The chairman of Egypt s largest offshore call center company said on Sunday his company was growing at 50 percent a year and that in this…
EFG-Hermes chief sees big opportunities in Saudi Arabia
Reuters SHARM EL-SHEIKH, Egypt: The chairman of Egypt-based investment bank EFG-Hermes said on Monday its newly obtained Saudi license was crucial to growth because it expands the company s market…
Court sentences eight to jail over theater fire
CAIRO: An Egyptian court sentenced eight government employees, including the head of a cultural body, to 10 years in jail each on Monday for negligence over a theater fire last…
Another Sinai bombings suspect surrenders
EL-ARISH, Egypt: Another suspect in the terror attacks that rocked the Sinai Peninsula in April has surrendered said security officials on Saturday.Gen. Adel Fawzi of North Sinai s criminal investigations…
Muslim Brotherhood pushes for investigations
CAIRO: Disputes between the Interior Ministry and Muslim Brotherhood members of parliament have intensified as the latter insist on a thorough investigation into what they call "the events of Black…
Detention for activists extended a third time
CAIRO: On Saturday, two groups of detainees from earlier demonstrations saw their time in prison extended. A group of activists detained in April and another group detained two weeks ago…
Bird-flu death does not signal renewed danger, says health ministry
CAIRO: A new human death from the H5N1 avian influenza virus does not signal increased danger of an epidemic, according to health officials. "The woman in question died because she…
