Gaza flotilla: We still plan to breach blockade
ATHENS: Organizers of a Gaza-bound flotilla said they have not abandoned their plans to breach Israel's sea blockade of the territory despite a Greek government ban on their vessels leaving…
Outrage in Suez after policemen accused of killing protesters released on bail
By Heba Fahmy CAIRO: The Suez Criminal Court released on bail 14 defendants charged with the murder and attempted murder of peaceful protesters, causing outrage on Monday among Suez residents…
Egypt cbank to offer 6 bln EGP in repos on Tuesday
CAIRO: Egypt's central bank said it will offer LE 6 billion ($1.007 billion) in seven-day repurchase agreements in the money market on Tuesday at a fixed rate of 9.25 percent.…
Egypt mixed; eyes on OCI as IFC mulls loan
CAIRO: Egypt's main index closed little changed after Orascom Construction said the World Bank could invest $350 million in the firm, suggesting renewed confidence in Egypt amid lingering doubts about…
Panelists highlight role of ICT in Egypt’s democratic transition
CAIRO: Egyptian IT professionals from both the public and private sector voiced their support for the positive role ICT can have “across the entire cycle” of Egypt’s democratic transition at…
Egypt, Italy agriculture project boosts cooperation
CAIRO: Egypt’s minister of agriculture along with the Italian ambassador to Egypt announced the success of the S.P.I.I.E project, the Integrated Production Systems between Italy and Egypt. “Even though this…
El-Araby replaces Moussa as Arab League chief
CAIRO: Egypt's Nabil El-Araby on Sunday formally replaced his compatriot Amr Moussa as secretary general of the Arab League, state media reported. On May 15 Foreign Minister El-Araby was selected…
Ancient Egypt treasure gate unearthed in Luxor
CAIRO: Egyptian and French archaeologists have unearthed a 2,700-year-old stone gate belonging to Nubian King Shabaka while digging near Luxor's Karnak temple, the ministry of antiquities said on Sunday. The…
Egypt says to fund budget gap via local market, Arab help
ABU DHABI: Egypt plans to fund its LE 134 billion ($22.47 billion) budget deficit through a combination of local market issuance and with aid from Arab states, Finance Minister Samir…
Imbaba trial adjourned to September 4
By Heba Fahmy CAIRO: The Emergency State Security Court on Sunday adjourned to Sept. 4 the case of 48 defendants involved in the Imbaba sectarian clashes last May, which left…
