Cleric reverses course: Muslim women can be presidents too
CAIRO: Within a week of issuing a fatwa that Muslim women could not fill the top post in the country, Egypt's mufti Sheikh Ali Gomaa has reversed course and said…
Jose issues an apology to Ahly's fans over Al-Hodoud incident
CAIRO: Portuguese coach Manuel Jose issued a statement on Sunday apologizing for his unsporting behavior during Ahly s Egyptian League match against Harras Al-Hodoud on Friday.Jose was ejected from the…
Italian Edison wins deal for gas exploration east of Alex
CAIRO: Italian Edison Company has won a new deal launched by the Egyptian Natural Gas Holding Company (EGAS) to explore for gas in a submarine area east of Alexandria.A senior…
Egypt, Germany sign four agreements to increase economic cooperation between the 2 countries
CAIRO: The Egyptian-German Business Forum concluded its meetings Sunday with the signing of four agreements aimed at modernizing Egyptian industries and increasing bilateral trade.On the industrial front, Siemens Egypt Automation…
Monetary Policy Committee decides against expected interest rate hike
Central Bank: Inflation rate expected to remain high until effects of previous price increases level offCAIRO: The Monetary Policy Committee decided in its monthly meeting Thursday to maintain overnight lending…
Germany's Merkel presses Israeli-Palestinian peace drive
CAIRO: German Chancellor Angela Merkel Sunday pressed on with a tour of the Middle East focused on efforts to lay the ground for a resumption of Israeli-Palestinian peace talks. Merkel,…
Another arms cache unearthed near Gaza border
RAFAH: Two arms caches in northern Sinai near the Rafah border were discovered by security forces on Saturday, officials have said.The arms find comes a week after a suicide bomber…
WORD ON THE STREET: Opinions on alleged Egyptian spy
"I think it's stupid of the government to arrest him and investigate. I think he's a normal person. But maybe the government has some reason. Mohmmed Qawasme, cameraman"If he's Egyptian…
Zotye Auto examines manufacture of Chinese models in Egypt
CAIRO: Chinese Zotye Auto Company is mulling over a proposal to manufacture Chinese models in the domestic market to benefit from the government incentives to car manufacturers in Egypt.The company's…
Sawiris allies with two Saudi companies to compete over third operation license
CAIRO: Nagib Sawiris, the chairman of Orascom Telecom, said his company's competition over the third mobile phone operation in Saudi Arabia would be made through an alliance with Saudi Arabian…