Interbank rate falls to 8.10 percent
CAIRO: The median overnight interbank rate on the pound fell to 8.10 percent on Monday from 8.118 on Sunday in a liquid market lacking major auctions to boost demand for…
Telecom Egypt says Q1 2006 net up 44 percent
CAIRO: Telecom Egypt said on Monday growing subscriber numbers, strong internet penetration and stable revenues per user had led to a 44 percent jump in first-quarter net profits. The firm,…
Industrial Modernization Program comes to an end
CAIRO: With the official end of the Industrial Modernization Program in two weeks, the European Union asserted its continued support for the program s implementing body, the Industrial Modernization Center…
Feelings of "Pride and Prejudice"
CAIRO: While I was thrilled to learn of the release of "Pride and Prejudice in Egypt, none of my acquaintances seemed to share my enthusiasm for the latest adaptation of…
St. Louis museum refuses to return Egyptian mummy mask
ST. LOUIS: The Saint Louis Art Museum will keep a 3,200-year-old mummy mask unless it gets more proof that it belongs to Egypt.The museum will not meet a May 15…
International dignitaries receive Roosevelt awards for defending freedom
MIDDELBURG: Confined Burmese opposite leader Aung San Suu Kyi wasn t there, but nuclear watchdog head Mohamed El Baradei, Mexican writer Carlos Fuentes and Bangladesh economist Muhammad Yunus accepted awards…
PETA activist dons sheep suit to praise Australia's suspension of exports to Egypt
CAIRO: The Australian Embassy has a new flower bouquet to display, following yesterday's present from sheep across the region. Jason Baker, director of People for the Ethical Treatment of Animals…
Putting paint to canvas
CAIRO: "You imagine this quiet house in this quiet place and you want to be there. I always wanted to live in a house by the sea, says artist Sherine…
Minister addresses investment prospects
CAIRO: With the World Economic Forum only days away, Minister of Investment Mahmoud Mohieddin is talking about investments. With the support of Prime Minister Ahmed Nazif, the minister announced yesterday…
Judges receive worldwide support
CAIRO: Last week, protesters raised their voices in the United States; now the wave of protests in support of Egypt's prosecuted judges has reached the British capital.More than 50 Egyptians,…