Press Round-up
CAIRO: Ending the week featuring almost identical front pages, with the same news, pictures and layout: Al Ahram and Al-Akhbar reported the same dominating news of bird flu and Condoleezza…
Nour says reform issue goes beyond his case
CAIRO: Jailed opposition leader Ayman Nour said Wednesday that his case represented only one of the many problems confronting the political reform movement in Egypt. "I believe that political reform…
Poultry producers suffer as government's actions questioned
CAIRO: A leading poultry producer says that it has not sold a single baby chick since the outbreak of avian flu in the country 11 days ago.Wadi Holdings breeds and…
Mubarak urged to make good on press law pledge
CAIRO: A media watchdog on Thursday urged President Hosni Mubarak to fulfill a two-year-old pledge to amend a law which lays down jail terms for journalists convicted in libel cases.…
Egypt offered in vain to help Denmark avoid cartoon crisis: FM
COPENHAGEN: The Danish government ignored several offers from Egypt to help it avoid a full-blown crisis over cartoons of the Prophet Mohammed first published in Denmark, media here quoted Egypt…
Detained Egypt, Saudi suspects lynched in Iraq second city
BASRA, Iraq: Eleven suspected foreign fighters from Egypt and Saudi Arabia were seized by gunmen from a prison in Iraq s largely Shiite second city of Basra Wednesday and all…
Egypt to offer 20 percent of EgyptAir
CAIRO: Egypt is preparing to offer 20 percent of state-owned airline EgyptAir to the public, in the latest big-ticket privatization in the government s drive to sell off state assets.…
Median o/n interbank rate rises to 8.6125 pct
CAIRO: The median overnight interbank rate on the Egyptian pound rose to 8.6125 percent on Thursday from 8.55 percent on Wednesday after central bank auctions drained liquidity from the market,…
Orascom to eye acquisitions after IPO
ALGIERS: Orascom Telecom (OT) will eye more acquisitions including a bid for Greek firm TIM Hellas after the initial public offering of its Weather Investment later this year, its chairman…
Centurion Energy buys oil and gas sites
LONDON: Canadian-based Centurion Energy International Inc. said on Wednesday it had bought a private U.S. firm with oil and gas operations in Egypt and Texas for $225 million. Centurion, which…
