Authorities release 40 suspects in deadly bombings against Sinai tourist resorts
EL-ARISH, Egypt: Security authoritieson Thursday released40 Egyptians who had been detainedseveral months ago inthe investigation into deadlybombings at tourist resorts inthe Sinai Peninsula.Hundreds of cheering family members greeted the freed…
Telecom Egypt IPO raises $892 million, valued at $4.6 billion
Telecom Egypt (TE) raised LE 5. 132 billion ($892 million) from its initial public offering, valuing the company at $4. 6 billion on the London and Cairo exchanges where it…
Cinema bridging cultural divide
CAIRO: During his first visit to Egypt,Academy Award winner Morgan Freeman addressed journalists during a press conference organized by the Cairo International Film Festival on Wednesday, in what turned out…
Expert says new check law has benefits despite flaws
CAIRO: Speaking at the second of a series of bank-related meetings this week organized by the American Chamber of Commerce in Egypt, Cairo University Professor and former Dean of its…
Oracle Global Support Center in Egypt now open for business
CAIRO: Oracle, the world's largest enterprise software company, has officially opened its Global Product Support center based within Egypt's Xceed contact center, the largest of its kind in the southern…
Islamists draw strength from Egyptian elections
CAIRO: Islamists across the Arab world have taken heart from the Muslim Brotherhood's strongest ever showing in the Egyptian elections, saying this could weaken the appeal of violent ideologies.Islamists from…
Prominent engineer accused of murder plot
CAIRO: An Egyptian engineer on trial in London was brought to court again on allegations of plotting to kill a minister in the current cabinet, as well as top political…
Brotherhood agenda remains a mystery
CAIRO: It was one of the most detailed pieces of legislation ever proposed by the Muslim Brotherhood: A ban on alcohol in Egypt, setting down a punishment of 30 lashes…
Ayman Nour trial continues
CAIRO: The decision by the presiding judge to jail the Egyptian opposition party leader Ayman Nour and other defendants during their trial on Monday underscores the highly politicized conduct of…
Talk turns to election evaluation and reform
CAIRO: Preliminary results from Wednesday's third-round run-off election for the People's Assembly will bring the banned Muslim Brotherhood an additional 12 seats, according to estimates released by the group, earning…