Hamas should not rush to recognize Israel as a way out of impasse, says Palestinian official
CAIRO: A senior Fatah official said Wednesday that the Palestinian militant movement Hamas does not need to recognize Israel immediately as a condition for forming a government, hinting it could…
OCI details rights issue
CAIRO: Orascom Construction Industries (OCI) said on Wednesday it was offering existing shareholders 11.5 million new shares at a price of LE 201 ($35.08) per share.The offer works out at…
Egypt and Nigeria big movers after African Cup of Nations
ZURICH, Switzerland: Egypt has reached its highest position in world football in eight years on the back of its fifth African Cup of Nations title in FIFA s monthly world…
Poverty rampant in rural areas, says new report
CAIRO: The rich-poor divide in Egypt remains significant, especially in rural areas, according to the UN and government ministries."Improvements in the gap between rich and poor are marginal, noted Khaled…
Taking back the roads
CAIRO: Proving that saving lives is a serious part of their business, British Gas (BG), one of the leading gas companies in Egypt with over $4 billion worth of investments,…
Be a doll, won't you?
CAIRO: "What I always love about Huda's work is that there is a lot of intelligence because she has the background and knowledge of all religions and of the local…
Choosing an alternative
CAIRO: Homeopaths in Egypt not only meet patients, diagnose them and prescribe remedies, but they also face a struggle for recognition and fight a battle to acquire the legal status…
Mubarak thinks Hamas will recognize Israel, Israeli defense minister says
CAIRO: President Hosni Mubarak believes that after Hamas becomes the Palestinian government, it will succumb to international pressure, renounce violence and recognize Israel, Israeli Defense Minister Shaul Mofaz said Tuesday.Hamas,…
France issues travel warning to nine Arab countries
CAIRO: France is the latest European country to issue a travel warning to the region in the wake of uprisings over a cartoon depiction of the Prophet Mohammed. French citizens…
IT sector set for growth but inhibited by lack of investment
CAIRO: The software industry in Egypt has been on the rise since the establishment of the Ministry of Communications and Information Technology in 1999. While the country has long been…
