Egyptian natural gas supply to Israel resumes
TEL AVIV: Supply of Egyptian natural gas to East Mediterranean Gas Co (EMG) and to EMG's Israeli customers has resumed, EMG shareholder Ampal-American Israel Corp said on Wednesday. Saboteurs blew…
Egypt’s OCI gets $450 mln of Saudi Arabian projects
CAIRO: Egypt's Orascom Construction (OCI), the country's biggest listed firm, said on Wednesday its Saudi Arabian subsidiary was awarded infrastructure work there worth $450 million. Protests that toppled Egypt's Hosni…
Egypt falls ahead of mass protests
CAIRO: Concern over a mass protest planned for Friday drag down the benchmark index by 2.2 percent, its biggest single-day decline since June 2. Investors fear the protest may prolong…
Budget plan raises concerns among experts
CAIRO: Egypt’s approved 2011-2012 fiscal year budget plan, which still carries a high deficit and no plans for accepting foreign loans, raised concerns among experts in an economy that has…
Med Union chief vows to support Arab spring
By AFP MADRID: The new head of a 43-nation Mediterranean union said Tuesday he will support Arab Spring reforms while insisting the West can no longer dictate terms for democracy.…
Egypt to recognize South Sudan
CAIRO: An Egyptian foreign ministry official says Egypt will recognize South Sudan after secession later this week. Mohamed Morsi told the Al-Ahram daily on Tuesday that Egypt will name its…
Too late to invite European election observers to Egypt, says EU official
By Sarah El Sirgany BRUSSELS: It is too late for Egypt to invite European observers to monitor the parliamentary elections slated for September, a European Union official said. The head…
Four workers drown after Maadi bridge collapses, families block Corniche
By Tamim Elyan CAIRO: Four construction workers drowned when a bridge in Maadi collapsed early Wednesday morning, triggering an angry response from their families. Tens of the workers’ family members…
Sonic boom caused Cairo ‘explosion’ panic
By AFP CAIRO: Egypt's interior ministry said Wednesday that a sonic boom from an overflying aircraft was the cause of a loud "explosion" that sent Cairo's residents in a panic.…
Syrian forces advance on restive Hama
BEIRUT: Hundreds of residents of Hama burned tires, erected sand barriers and set up other makeshift roadblocks Tuesday to prevent the advance of Syrian tanks and soldiers ringing the city,…
