Egypt median o/n interbank rate rises to 8.65 pct
CAIRO: The median overnight interbank rate on the Egyptian pound rose slightly to 8.65 percent on Monday from Sunday s 8.64 percent in active trade on the final day of…
Filming gone too far?
CAIRO: Israeli filmmaker and journalist Nimrod Kamer put together a nine minute video documenting what he calls "a new cultural phenomenon of the girls at the Cairo International Stadium, during…
Sandstorm wreaks havoc on transportation
CAIRO: Egyptian authorities diverted some flights and delayed the takeoff of others Sunday as a sand storm blanketed the capital, airport officials said.Bad weather and low visibility were also blamed…
Contemporary art seeks to step out of Pharaohs' shadow
CAIRO: Egyptian art is often reduced to ancient statues, sarcophagi and the wondrous riches that fill the Cairo museum. Some 24 centuries after the decline of the Pharaohs, contemporary works…
Egypt seeks to showcase furniture industry
CAIRO: The Egyptian furniture industry will take part in The Hotel Show 2006 for the first time this year as part of a government plan to get the industry to…
Egyptian Sunni leader offers to help end violence in Iraq
CAIRO: The head of Al-Azhar University, Sunni Islam s highest seat of learning, said Saturday he was ready to travel to Baghdad to help quell the wave of communal violence…
Top U.S. counterterrorism coordinator visits Sinai to view Egyptian efforts
CAIRO: The top U.S. diplomat for international counterterrorism coordination paid a surprise visit Saturday to the Sinai Peninsula apparently to view security efforts in a region that saw large bomb…
Suspected militant confesses to role in Sharm, Taba bombings, prosecutors say
EL-ARISH, Egypt:: A suspected militant has confessed to a role in planning deadly bombings in three tourist resorts in the Sinai Peninsula, prosecutors said Saturday.Osama Abdel-Ghani El-Nakhlawi, who was arrested…
Denmark denies Egypt offered help to avoid cartoon crisis
COPENHAGEN: Danish Foreign Minister Per Stig Moeller denied Friday a claim by his Egyptian counterpart that Copenhagen had ignored offers from Egypt to help it avoid the crisis over cartoons…
Heineken takes over management of Al-Ahram Beverages Co.
CAIRO: Al-Ahram Beverages Co. (ABC), which changed hands twice in the past decade, is now firmly in Heineken s hands.The company was nationalized in 1963 then privatized in 1997. For…
