South Korean president says investment inhibited by lack of information
Intro: CAIRO: On the second day of his visit to Egypt, South Korean President Roh Moo-Hyun said yesterday that while he is mystified by the dearth of his country s…
A life fashioned from stone
CAIRO: Adam Henein is known in the art world as the man who makes stone speak. The carved depth of his sculptures has made him an internationally acclaimed artist and…
Migrant workers face abuse
CAIRO: On Feb. 3, over 1,000 people died when a passenger ferry traveling from the Saudi Arabian town of Dubah to the Egyptian port of Safaga sank off the Red…
Activists condemn curbs on internet
CAIRO: Rights groups have condemned several Arab governments for blocking Web sites devoted to freedom of speech on political and social issues, calling the move an attempt to limit the…
Median o/n interbank falls to 8.45 percent
CAIRO: The median overnight interbank rate on the Egyptian pound fell to 8.45 percent on Tuesday from 8.598 percent on Monday as funds maturing into the market outstripped those sought…
Vietnam signs cooperation and double taxation agreements with Egypt
CAIRO: The Egyptian Vietnamese Joint Committee concluded its second meeting this week after a lull of nine years with the signing of agreements on avoidance of double taxation and tourism…
Mubarak would retire if he finds successor
CAIRO: The main political adviser to President Hosni Mubarak said on Tuesday that Mubarak would welcome retirement if he could find a replacement. But the Mubarak family is not thinking…
Egypt, South Korea pledge to boost trade ties
CAIRO: The presidents of Egypt and South Korea pledged Tuesday to work to boost relations and increase the volume of trade between their countries that amounted last year to around…
The third operator is calling
CAIRO: Chairman of the National Telecommunication Regulatory Authority (NTRA), Amr Badawy, announced that bidders with local partners will have more weight than those without and will immediately receive 25 of…
EFG-Hermes drags stocks down
CAIRO: Retail market leader EFG-Hermes dragged Egyptian stocks down on Tuesday in a market driven by anxieties over a 16 percent decline in the benchmark index over the past five…