The Yacoubian Building" broaches taboo topics in Egyptian society
CAIRO: Marked by both controversy and praise, "The Yacoubian Building opened in cinemas around Cairo. Fans of the best-selling novel that the movie is based upon flocked to Monday night's…
Kharafi announces major expansion of Marsa Alam International Airport
CAIRO: The M.A. Kharafi Group of Kuwait, the developer, financier and concessionaire of the Marsa Alam International Airport, the international gateway airport to Egypt's South Red Sea Marsa Alam Coast,…
IT security needed for SME growth
CAIRO: With approximately two million small and medium enterprises (SMEs) in the country, and more popping up on the radar, increasing importance has been placed on the SME sector in…
UN statement condemns government's actions
CAIRO: Three independent United Nations human rights experts condemned the actions of the Egyptian government during the dispute with judges Mahmoud Mekki and Hisham El Bastawisy. The experts expressed their…
Jordan denies rift with Syria for Egypt to settle
AMMAN: Jordan strongly denied Monday reported comments by President Hosni Mubarak suggesting that Cairo was mediating a crisis between Amman and Damascus. There is no Egyptian mediation bid between Jordan…
European monitors close Gaza crossing with Egypt
GAZA CITY: European monitors closed the Gaza Strip s border crossing with Egypt on Tuesday in response to a security alert in the area, officials said.Europeans at the Rafah crossing…
Students connect with the stock market
CAIRO: The American University in Cairo (AUC) will establish a finance lab that will be connected directly to the Cairo and Alexandria Stock Exchange (CASE) The facility, which will include…
Median interbank rate rises to 8.24 percent
CAIRO: The median overnight interbank rate on the pound rose to 8.24 percent on Tuesday from 8.058 percent on Monday, sidelined by a Central Bank auction of seven-day certificates, bankers…
Economic reforms slacken as task gets harder
Reuters CAIRO: The pace of Egypt s economic reform has slowed down as the government faces tough political choices on cutting spending and finds it harder to sell state-owned firms…
Award-winning blogger to be released from jail
CAIRO: Egyptian authorities on Tuesday ordered the release of an award-winning blogger arrested last month during protests in support of judges demanding greater judicial independence, relatives and friends said. Alaa…
