Eni rejects proposal to sell gas network stake
DAMIETTA: Italy s Eni has rejected a proposal by the country s watchdog to have it sell its stake in Snam Rete Gas or Stogit, saying it would risk losing…
GASC buys 230,000 tons of U.S., Canadian wheat
CAIRO: Egypt s main wheat importer bought 230,000 tons of U.S. and Canadian wheat on Saturday for shipment between July 16 and 31, a company official said. Sayed El-Hefny, vice-chairman…
Egypt, China discuss economic relations
CAIRO: Chinese Prime Minister Wen Jiabao on Sunday denied his country was seeking to become a counterbalance to the United States by boosting ties with Africa as he kicked off…
Brotherhood member detained after acquittal
CAIRO: Egyptian authorities detained prominent Muslim Brotherhood member Hassan El-Hayawan last week immediately after a court acquitted him of firearms and other charges, the Brotherhood said on Sunday. Hayawan, a…
Egypt and Jordan discuss "Arab differences"
SHARM EL-SHEIKH: President Hosni Mubarak met Jordanian King Abdullah II on Sunday to discuss certain Arab differences and Cairo s efforts to resolve them, in reference to recent tensions between…
Trial opens for 14 implicated in Cairo terror attacks
CAIRO: Fourteen people went on trial Saturday for assisting in three terrorist attacks last year in Cairo that killed two French tourists and an American.All 14 defendants, two of whom…
Palestinian foreign minister says he'll keep funneling cash through crossing
GAZA CITY: The Palestinian foreign minister who returned from a seven-nation trip with $20 million in his luggage says he will continue to funnel money across the Egyptian border despite…
Abbas says EU funding mechanism 'not adequate' during visit to Egypt
Agence France-Presse CAIRO: Palestinian President Mahmud Abbas said Saturday an EU funding mechanism for the cash-strapped Palestinians was not adequate after a meeting with President Hosni Mubarak in Cairo. The…
Identity of Zarqawi's successor remains enigma
Agence France-PresseCAIRO: The true identity of Abu Ayyub Al-Masri, the man said to have succeeded the slain Abu Musab Al-Zarqawi as leader of Al-Qaeda in Iraq, remains an enigma in…
Popular support swells for journalists on trial
CAIRO: The press syndicate continues to vehemently protest two parliament-proposed press laws and the prosecution of three prominent opposition journalists.At their trial Sunday, independent Sawt Al-Umma journalists Wael El-Ebrashi and…