Overnight interbank steady at 8.55 percent
CAIRO: The median overnight interbank rate on the Egyptian pound was 8.55 percent on Wednesday, little changed from Tuesday s 8.58 percent, with few banks dealing, bankers said. Four of…
Confessions on a dance floor
CAIRO: The queen of pop returns yet again with an album sounding a bit too familiar. Although Madonna is one of the few artists from a generation ago to still…
Third license bid heats up as joint Telenor-NTC bid announced
CAIRO: In yet another fresh round of bids, Telenor, a Norwegian mobile operator, and the National Telecommunications Holding Corporation (NTC), announced yesterday during a press conference that they are partnering…
Profile of key players
President Hosni MubarakIn 1981, Mubarak, then Vice-President, became president of Egypt following the assassination of President Anwar Sadat. Mubarak declared on his inauguration that he would follow the political direction…
License for aspiring party delayed
CAIRO: In yet another setback for opposition groups, the Egyptian Political Parties Court has once again postponed a request by the Al-Karama (Dignity) group to officially form a party. "We…
Egyptian media and the road to democracy
CAIRO: Since the dawn of satellite television across the Arab world, the media has taken on a more combative role in its review of government, once the absolute force behind…
Three months after parliamentary elections, opposition in shambles
CAIRO: A gunfight that broke out at the headquarters of Egypt's oldest opposition party on Saturday served to underscore the plight of Egypt's political opposition, in a state of disarray…
Eight more Islamists detained in central Egypt
CAIRO: Egyptian security forces have detained eight more members of the opposition Muslim Brotherhood in the central city of Al-Minya, the Islamist movement s spokesman told AFP on Tuesday. Eight…
President makes surprise visit to Sudan for talks on Darfur
KHARTOUM, Sudan: President Hosni Mubarak made a surprise visit to Khartoum on Tuesday, his first in more than a decade, and held talks with Sudan s president on the conflict…
Intel signs agreement on wireless technology with four universities
CAIRO: Intel signed a memorandum of understanding on Monday with four universities covering wireless technology, entrepreneurship and academic forums.The world s largest microchip manufacturer selected three public universities (Cairo, Alexandria…
