Mubarak thinks Hamas will recognize Israel, Israeli defense minister says
CAIRO: President Hosni Mubarak believes that after Hamas becomes the Palestinian government, it will succumb to international pressure, renounce violence and recognize Israel, Israeli Defense Minister Shaul Mofaz said Tuesday.Hamas,…
France issues travel warning to nine Arab countries
CAIRO: France is the latest European country to issue a travel warning to the region in the wake of uprisings over a cartoon depiction of the Prophet Mohammed. French citizens…
IT sector set for growth but inhibited by lack of investment
CAIRO: The software industry in Egypt has been on the rise since the establishment of the Ministry of Communications and Information Technology in 1999. While the country has long been…
Big Egyptian stocks recover some losses
CAIRO: Big Egyptian stocks recovered some of their recent losses on Tuesday, led upwards by investment bank EFG-Hermes and Orascom Construction Industries, which announced it had a stake in a…
Egypt median o/n interbank rate steady at 8.45 pct
CAIRO: The median overnight interbank rate on the pound rose to 8.45 percent on Tuesday from Monday s 8.365 percent with pound demand stronger at the start of a new…
Credit where credit is due
CAIRO: At approximately 9:00 pm Friday night, Mohamed Aboutrika sent his penalty shot into the back of the net, bringing Egypt the African Cup of Nations title. Egyptian goalkeeper Essam…
BBC reaches out to Arab youth
CAIRO: "Your future . Who decides it? is a question on the minds of many Arab youths. While it is troublesome for youngsters, it is also an intriguing question for…
Students at Al-Azhar University protest cartoons lampooning prophet
CAIRO: Thousands of Al-Azhar University students demonstrated Monday at their campuses in Cairo and the southern city of Assiut, denouncing the caricatures of Islam s prophet and warning that those…
The Arab world's love-hate relationship with St. Valentine
CAIRO: Whether you've chosen to run through the streets professing your joy, or lock yourself in a closet, Valentine's Day is once again upon us. Viewed by many as a…
What the newspapers are saying
CAIRO: The continuously unfolding events regarding Egypt's ferry accident still dominate the headlines of national and independent newspapers. In response to the tragedy, the government promises a thorough investigation supervised…