Emirates Telecom to borrow LE 10 billion
CAIRO: Emirates Telecommunications Corp. (Etisalat) is looking to raise LE 10 billion in long-term finance, the company s chairman said on Tuesday.The cash will be used to pay off a…
Italy signals it will not seek extradition of 26 Americans in alleged CIA kidnapping
Associated Press ROME: The Italian government has signaled it will not press Washington for the extradition of 26 Americans indicted in the alleged CIA kidnapping of an Egyptian cleric in…
Chomsky speaks on Iran, Iraq and the US's mafia complex
Noam Chomsky is a noted linguist, author, and foreign policy expert. On February 9, Michael Shank interviewed him on the latest developments in US policy toward Iran, Iraq, North Korea,…
Jailed student blogger faces threats as final trial approaches
CAIRO: Facing a prison sentence of up to 11 years for his controversial Internet writings on Islam and President Mubarak, Egyptian student blogger Abdelkarim Soliman Amer, also known as "Kareem…
Experts sound alarm on human rights as PA debates 30 constitutional amendments
CAIRO: This week, members of the legislative and constitutional committee of the People's Assembly (PA) will begin formally drafting more than 30 new amendments to the constitution, including controversial proposals…
Release of 48 Al-Azhar students
CAIRO: The authorities released 48 Al-Azhar University students Monday, ending a two-month detention triggered by a military-style parade they performed on campus, said Mohamed Habib, deputy head of the Muslim…
Sudan apologizes for police assault of Egyptian workers
CAIRO: The Sudanese government has offered an apology to Egypt for the mistreatment of four Egyptian workers at a police station in Khartoum. Sudan's Interior Minister Al-Zubair Bashir Taha apologized…
UAE's Amlak enters Egyptian mortgage financing market
LE 500 million capital venture to provide 'Sharia-compliant' financingCAIRO: An Egyptian-Gulf consortium led by the United Arab Emirates Amlak Finance (AF) has been licensed as the fourth mortgage finance company,…
International AIESEC Presidents Meeting brings 95 countries to Egypt
CAIRO: Over 200 young representatives from 95 different countries gathered in Cairo Sunday to open a two-week long AIESEC Presidents Meeting at Ain Sokhna.
Shura approves government's request for $1 billion loans
CAIRO: The Financial and Economic Committee at the Shura Council (Upper house of Parliament) has approved a permission for the government to borrow $1 billion from the World Bank and…