Supporting development through education
CAIRO: Intel Corporation announced Saturday that as part of its global commitment to spur economic development in emerging markets, the company, in collaboration with the Egyptian government, will lend its…
Arab states and Arab League welcome formation of Iraqi government
CAIRO: Arab countries and Iran welcomed the formation of the new Iraqi government, saying it opened the way for the region s powers to step up efforts to bring stability…
Nazif wants no Brotherhood block in parliament
SHARM EL-SHEIKH, Egypt: The Egyptian government wants to prevent the Muslim Brotherhood forming a parliamentary group by winning seats as independents in future elections, Prime Minister Ahmed Nazif said on…
Another Sinai bombings suspect surrenders
EL-ARISH, Egypt: Another suspect in the terror attacks that rocked the Sinai Peninsula in April has surrendered, security officials said Saturday.Gen. Adel Fawzi of North Sinai s criminal investigations unit…
U.S. condemns Egypt over opposition crackdown
SHARM EL-SHEIKH, Egypt: U.S. Deputy Secretary of State Robert Zoellick condemned Sunday as a mistake the heavy-handed reaction of the authorities in ally Egypt to opposition demonstrators. These (actions) strike…
Mubarak uses economic forum to signal dissatisfaction with U.S. Mideast policy
SHARM EL-SHEIKH, Egypt: President Hosni Mubarak opened the World Economic Forum in a booming Red Sea resort with a surprisingly tough speech that signaled deepening strains in the once-ironclad links…
Forum focuses on unemployment, youth and women
SHARM EL-SHEIKH, Egypt: Unemployment, the growing young population and the role of women in society dominated much of the discussion of the World Economic Forum on the Middle East, which…
Interbank rate falls to 8.05 percent
CAIRO: The median overnight interbank rate on the pound dipped to 8.05 percent on Sunday from Thursday s 8.067 percent with no new auctions to affect demand close to the…
Orascom says to bid for third Saudi mobile license
SHARM EL-SHEIKH, Egypt: Orascom Telecom will be among bidders for a third mobile phone license in Saudi Arabia, but does not intend to take a large stake, Chairman Naguib Sawiris…
Emaar to redevelop site near Alexandria library
SHARM EL-SHEIKH, Egypt: Dubai-based property development group Emaar aims to build a hotel and other facilities close to the site of Egypt s ancient Great Library at Alexandria, the company…
