Egyptian papers blast Rice shortly before yesterday's talks
CAIRO: Shortly before she arrived in Cairo for talks with President Hosni Mubarak on key Middle East issues including regional political reform, Egyptian newspapers blasted the United States for meddling…
Median o/n interbank edges up to 8.4 pct
CAIRO: The median overnight interbank rate on the Egyptian pound edged up in quiet trade to 8.4 percent on Tuesday from Monday s average of 8.318 percent as traders awaited…
Poultry businesses brace for damage
CAIRO: As panic spreads about the arrival of bird flu, Egyptian poultry companies are scrambling to deal with the crisis.The poultry business was already affected prior to the government s…
Egypt offers 17 pct of aluminum firm for sale
CAIRO: The Egyptian government said on Tuesday it was offering 17 percent of Egypt Aluminum at a minimum of LE 54 ($9.42) a share, giving the company a value of…
Second Algerian fixed-line network to start up Thursday
ALGIERS: Egypt-based Orascom Telecom (OT) and Telecom Egypt will start operating Algeria s second fixed-line telephone network this week, officials said on Monday. State-owned Algerie Telecom, currently the sole fixed-line…
Hundreds of Egyptians gather in protest
CAIRO: A few hundred Egyptians, waving the bright yellow or orange banners of their opposition movements, gathered on the grounds of Cairo University on Tuesday to rally against a range…
Report cites technical failure in Egypt Boeing crash
CAIRO: The final report on the crash of a Flash Airlines plane carrying French tourists two years ago off the coast of Egypt cites a failure in the automatic pilot…
Police arrest 15 people after Muslim-Christian clashes in Egyptian village
CAIRO: Police have arrested 15 people after clashes between Muslims and Christians in a village south of the capital, police officials said Tuesday.Police cordoned off Ezzbat Wassif on Tuesday and…
Bird flu continues to spread in Egypt, hitting poultry trade
CAIRO: Bird flu has spread to new parts of Egypt, adding to the devastation in a poultry industry which provided almost 50 percent of the animal protein consumed by Egyptians,…
Economic reform among issues discussed between World Bank and Ministry of Investment
CAIRO: Following a meeting held between World Bank President Paul Wolfowitz and Egyptian Minister of Investment Mahmoud Mohieddin, Wolfowitz announced that the bank will continue supporting Egypt's reform programs. In…
