Australia's Muslims plan to launch political party to fight 'Islamophobia'
SYDNEY: Australia s Muslims on Monday announced plans to form a political party to fight what they call growing Islamophobia spawned by the so-called war on terror. The move came…
Vingada relieved at morale-boosting win
CAIRO: Egypt Olympic team coach Eduardo Vingada was delighted after his side crushed Ethiopia 4-0 and secured passage to the African Games, two weeks before their anticipating clash against Ivory…
Egypt reaches African Olympic Games
CAIRO: Egypt reached the African Olympic Games after thrashing Ethiopia 4-0 at home on Sunday to advance with a 4-2 aggregate victory.The Pharaohs came on with all guns blazing in…
Tutankhamun exhibition to come to London
LONDON: Treasures from the tomb of teenage Egyptian pharaoh Tutankhamun will be at the heart of a huge exhibition which opens in London on November 15, organizers said Monday.Some 130…
Egypt detains four Russian women on Israel border
CAIRO: Egyptian police detained four Russian women on the Israeli border Monday who said they were attempting to cross to find work in nightclubs in the Jewish state, a security…
OT says 2006 net income up 8 percent
CAIRO: Orascom Telecom, one of the biggest telecom firms in the Middle East, reported an 8 percent rise in its 2006 net income on Sunday to $719 million.The firm said…
Positive stance on Orascom
CAIRO: Credit Suisse and Citigroup kept their outperform and buy ratings on Orascom Telecom Holding respectively, following the company s 2006 results. Superior EBITDA and earnings growth potential, steady return…
Egypt shares end down, OT drags after results
CAIRO: Main Egyptian stocks dropped on Monday with market mainstay Orascom Telecom leading the way down a day after reporting full-year results in line with market expectations. The results were…
Sharia to remain basis of Egyptian law, says Gamal Mubarak
CAIRO: Constitutional reform being carried out in Egypt will not undermine the position of Sharia, or Islamic law, as the principal source of legislation, Gamal Mubarak, son of the Egyptian…