Big Egyptian stocks recover some losses
CAIRO: Big Egyptian stocks recovered some of their recent losses on Tuesday, led upwards by investment bank EFG-Hermes and Orascom Construction Industries, which announced it had a stake in a…
Egypt median o/n interbank rate steady at 8.45 pct
CAIRO: The median overnight interbank rate on the pound rose to 8.45 percent on Tuesday from Monday s 8.365 percent with pound demand stronger at the start of a new…
Credit where credit is due
CAIRO: At approximately 9:00 pm Friday night, Mohamed Aboutrika sent his penalty shot into the back of the net, bringing Egypt the African Cup of Nations title. Egyptian goalkeeper Essam…
BBC reaches out to Arab youth
CAIRO: "Your future . Who decides it? is a question on the minds of many Arab youths. While it is troublesome for youngsters, it is also an intriguing question for…
Students at Al-Azhar University protest cartoons lampooning prophet
CAIRO: Thousands of Al-Azhar University students demonstrated Monday at their campuses in Cairo and the southern city of Assiut, denouncing the caricatures of Islam s prophet and warning that those…
The Arab world's love-hate relationship with St. Valentine
CAIRO: Whether you've chosen to run through the streets professing your joy, or lock yourself in a closet, Valentine's Day is once again upon us. Viewed by many as a…
What the newspapers are saying
CAIRO: The continuously unfolding events regarding Egypt's ferry accident still dominate the headlines of national and independent newspapers. In response to the tragedy, the government promises a thorough investigation supervised…
Egypt warns against clash of civilizations over cartoons
CAIRO: Egypt called Monday for urgent dialogue between the West and Muslim countries to avert a clash of civilizations over the world crisis about cartoons depicting the Prophet Mohammed."We are…
Egypt delays local elections, Islamists cry foul
CAIRO: Egyptian authorities have postponed local elections for two years in a move opposition Islamists said on Monday was designed to maintain the ruling party s monopoly over presidential nominations.The…
Egypt to offer 20 pct of Bank of Alexandria on bourse
CAIRO: Egypt will sell 20 percent of Bank of Alexandria on the stock exchange, 5 percent to employees and the rest to a strategic investor, the bank s head said…
