Interbank rate drops to 8.35 percent
CAIRO: The median overnight interbank rate on the pound fell on Sunday to 8.35 percent from Thursday s 8.397 percent as banks shunned the market in favor of high-yielding central…
Stocks rise ahead of Orascom Telecom results
CAIRO: Stocks rose on Sunday, led by rising interest in Orascom Telecom on optimism over an expected rise in the company s net profit for the first half of 2006,…
Foreign ministers gather in Cairo at Arab League headquarters
Arab nations pushing for new peace process with Israel after Lebanon warCAIRO: Arab foreign ministers gathered in Cairo on Sunday to pave the way for an Arab summit in Saudi…
An evening at the theater
CAIRO: This week, the Townhouse Gallery in Cairo will host the 5th annual "Independent Theatre Festival, featuring works by theatrical and musical troupes from August 20 to August 24. The…
Judges threaten to boycott upcoming elections
Judges' Club protests proposed constitutional amendmentCAIRO: Egyptian judges have announced their decision to abstain from their task as election supervisors if the government refuses to grant them unrestricted oversight of…
New UN coordinator asks: What would the situation in Lebanon be like without UN assistance?
CAIRO: The commotion stirred up by Hussein Fahmy's resignation from his post as a UN Goodwill ambassador has overshadowed the organization's work in providing relief to the Lebanese and diverted…
Agami days
ŠΘ###His concert was a huge hit as many celebrities attended and the beach was packed with fans, here are Youssef Shaban, Reem, Shahd, and Walid##Alouna, Hassan Ghiwiba, Samir Sabry and…
Muslim cleric wants shutdown of Danish paper
COPENHAGEN: Egypt s top Sunni Muslim cleric on Friday called for the editor of Jyllands-Posten, the Danish daily that published cartoons of the Prophet Mohammad, to be imprisoned and for…
KCBT wheat futures lower in early moves
Loses extended after news that Egypt purchased Canadian wheatKANSAS CITY: Hard red winter wheat futures at the Kansas City Board of Trade were lower in early moves on Friday, extending…
Etisalat eyes international license in Egypt
The consortium also includes Egypt Post, Al Ahli Bank and CIBDubai: The Etisalat-led consortium, which recently won the third mobile license in Egypt, is currently in negotiations with the Egyptian…