South Korean president says investment inhibited by lack of information
Intro: CAIRO: On the second day of his visit to Egypt, South Korean President Roh Moo-Hyun said yesterday that while he is mystified by the dearth of his country s…
Official promises broken
CAIRO: Less than a week after parliament promised to amend the law to prohibit the detainment of journalists as a result of their stories, an independent female reporter was sentenced…
Top reformist in ruling party resigns in protest over lack of democratic change
CAIRO: A senior member of Egypt s ruling party announced his resignation from the party Tuesday to protest what he called its failure to implement democratic reforms.Osama El Ghazali Harb…
Western demands on Hamas are unfair so Egypt says
CAIRO: An adviser to President Hosni Mubarak said on Tuesday the Palestinian Islamist group Hamas would be wrong to make unilateral concessions to Israel and Western calls for it do…
Norwegian telecom company mulls bidding for third license
OSLO: Norway s largest telecoms company Telenor is considering a bid for Egypt s third mobile phone license, spokesman Esben Tuman Johnsen told Reuters on Wednesday. Telenor has been aggressively…
New natural gas field discovered in Sinai Peninsula
EL-ARISH, Egypt: Egypt has discovered a new natural gas field in the northern Sinai, the local government announced Tuesday.The state oil company Petrobel uncovered the field near the Sinai village…
Preliminary report on ferry sinking in two months
CAIRO: A preliminary report into what caused an Egyptian ferry to sink in the Red Sea last month with the loss of about 1,000 lives would be released in two…
Promoting commitment to public service
CAIRO: Initiating activities aimed at engaging students in community service, fostering their efforts toward lifelong commitment and promoting philanthropy in the region are the main objectives of the newly inaugurated…
Muslim Brotherhood launches bird flu awareness campaign
CAIRO: The Muslim Brotherhood has launched an awareness campaign of its own to contain the spread of bird flu and assist Egypt s dilapidated poultry industry. Strongly criticizing the government…
EFG-Hermes drags stocks down
CAIRO: Retail market leader EFG-Hermes dragged Egyptian stocks down on Tuesday in a market driven by anxieties over a 16 percent decline in the benchmark index over the past five…
