Median interbank rate rises to 8.65 percent
CAIRO: The median overnight interbank rate on the pound rose to 8.65 percent on Thursday from Wednesday s 8.528 after auctions for higher-yielding certificates of deposit drained market liquidity, traders…
World leaders, intellectuals mourn Naguib Mahfouz
CAIRO: Officials and cultural circles in Egypt and worldwide mourned the loss of one the greatest writers of modern times following the death Wednesday of Naguib Mahfouz. Leaders stressed the…
Best-known books by Naguib Mahfouz
Naguib Mahfouz wrote more than 50 novels, five plays and scores of short stories and essays, he depicted with startling realism the Egyptian Everyman balancing between tradition and the modern…
Egypt begins defense of African Nations Cup
Reuters JOHANNESBURG: Champions Egypt head a list of 44 African countries who start their campaigns this weekend to qualify for the 2008 Nations Cup. Only Ivory Coast and Zimbabwe have…
Football star Abdel Wahab dies in training
CAIRO: Egyptian international defender Mohamed Abdel Wahab died after collapsing on the training field on Thursday, club officials said. The 22-year-old, a member of the Egyptian side that won the…
Somali refugees might head to Cairo
CAIRO: With the volatile situation in Somalia, the influx of refugees is increasing and Egypt is a potential destination. The Cairo office of the Africa and Middle East Refugee Assistance…
Naguib Mahfouz, an icon of Arab literature, passes away at 94
With a Nobel Prize for Literature, an Order of the Nile, a statue and a street to his name, Mahfouz is firmly entrenched in Egyptian historyCAIRO: Naguib Mahfouz, Egypt s…
DJ Junior talks about the party scene
Local partygoers more interested in the venue than the DJCAIRO: DJ Junior packs his bag every summer and off he goes to the crazy global party capital of the island…
Internet giant bases Middle East activities in Egypt
CAIRO: Google Inc., the company behind the world's most popular search engine, continues to build up its presence in the Middle East and, to the surprise of many, has decided…
