Egypt adheres to representation of Africa in UNSC
CAIRO: Foreign Minister Ahmed Aboul Gheit said Friday that Egypt has always been among the first supporters of a demand to enlarge the African membership of the United Nations Security…
Orascom confirms interest in Brasil Telecom stake
CAIRO: Phone carrier Orascom Telecom said it had expressed interest in a stake in Brasil Telecom held by Telecom Italia.In a statement issued on Friday, Orascom - which is headed…
Egyptian shares trim losses, Telecom Egypt rises
CAIRO: Egyptian stocks trimmed losses to close higher on Thursday, with Telecom Egypt rising on demand from foreign investors and Ezz Dekheila gaining despite a 15 percent drop in 2006…
Egyptian banks join race on core-banking solutions
CAIRO: Egyptian banks have joined-in a race to introduce technologies designed to improve management performance, causing parallel competition among technology companies providing core-banking solutions.In this context, the Informer Egypt Company…
Government to buy 40 more GE engines to upgrade railways
Mansour: passengers to feel improvements in 24 monthsCAIRO: Minister of Transportation Mohamed Mansour announced his office is preparing to order 40 more General Electric (GE) locomotives within March to help…
Egypt renews detention of nearly 100 Islamists
CAIRO: Egyptian authorities on Saturday renewed the detention of nearly 100 members of the opposition Muslim Brotherhood, including several high-ranking members facing military trials, a security source said. The 94…
Majority of Israelis unhappy with leaders, says poll
JERUSALEM: More than three-quarters of Israelis are unhappy with their leaders after a series of scandals embroiling Prime Minister Ehud Olmert s government, according to a poll released on Sunday.…
Libya won't attend upcoming Arab summit in Saudi, says FM
Associated Press CAIRO: Libya won t attend the upcoming Arab summit in Saudi Arabia, the Libyan foreign minister said Sunday, adding that the Arab world is not serious and that…
"Shakid Soul" revives 1967's war pains
CAIRO: The new documentary "Shakid Soul, which aired on Israel's Channel One last week and showed the massacre of 250 Egyptian prisoners of war in Sinai in 1967, drove Egyptian…
European Union awards LE 4.2 billion in aid package to Egyptian government
Cash to support "Egypt's own political reform agenda, says EUCAIRO: In the name of promoting democratic reforms in Egypt, the European Union is providing the Mubarak government with a massive…