New UN coordinator asks: What would the situation in Lebanon be like without UN assistance?
CAIRO: The commotion stirred up by Hussein Fahmy's resignation from his post as a UN Goodwill ambassador has overshadowed the organization's work in providing relief to the Lebanese and diverted…
Judges threaten to boycott upcoming elections
Judges' Club protests proposed constitutional amendmentCAIRO: Egyptian judges have announced their decision to abstain from their task as election supervisors if the government refuses to grant them unrestricted oversight of…
An evening at the theater
CAIRO: This week, the Townhouse Gallery in Cairo will host the 5th annual "Independent Theatre Festival, featuring works by theatrical and musical troupes from August 20 to August 24. The…
Foreign ministers gather in Cairo at Arab League headquarters
Arab nations pushing for new peace process with Israel after Lebanon warCAIRO: Arab foreign ministers gathered in Cairo on Sunday to pave the way for an Arab summit in Saudi…
Stocks rise ahead of Orascom Telecom results
CAIRO: Stocks rose on Sunday, led by rising interest in Orascom Telecom on optimism over an expected rise in the company s net profit for the first half of 2006,…
Interbank rate drops to 8.35 percent
CAIRO: The median overnight interbank rate on the pound fell on Sunday to 8.35 percent from Thursday s 8.397 percent as banks shunned the market in favor of high-yielding central…
New investors join investment wing of CIB
CAIRO: Investors including businessman Naguib Sawiris are pooling their investment banking and brokerage operations with Commercial International Bank (CIB), a statement said on Sunday. Sawiris and Oasis Capital will buy…
New Consumer Protection Law in effect today
Raising awareness the first major challenge for NGOsCAIRO: More than 60 consumer protection NGOs will begin implementation of the country s first consumer protection law today.Ratified in May, the law…
Hundreds of Palestinians wait to cross into Gaza as border passage opens
Associated PressRAFAH: The Egypt-Gaza border crossing opened Saturday, giving hundreds of stranded Palestinians the chance to return to the Gaza Strip for the first time in a month.Egyptian tourism police…
Seventeen members of Muslim Brotherhood detained
CAIRO: Security forces detained 17 members of the banned Muslim Brotherhood on Saturday, security sources said, in a fresh step targeting the country s strongest opposition movement. The sources said…