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Latest in Politics


Prime Securities cut target price for EAB

CAIRO: Prime Securities cut its target price for Egyptian American Bank (EAB) to LE 62 a share from LE 64 pounds after the bank released results for the first nine months of the year. It gave EAB shares an “Accumulate recommendation because of the gap between the target and the market price. EAB shares last …

Daily Star Egypt Staff

The attackers had knives and firearms, and they took documents and video tapes from Nour’s office, before starting a fire. (Photo : Ayman Nour El-Ghad El-Thawra Party's Head) (AFP\Photo)

Nour continues hunger strike

Appealing for the sympathy of the public and attention of the officials, Ayman Nour, leader of El-Ghad (Tomorrow) Party, continues his hunger strike for an eighth day – lying in a hospital room in Tora Mazraa Prison – protesting his temporary detention amid warnings of his appointed physicians and appeals from his wife.

Pakinam Amer

Airport detentions source of humiliation

NEWARK, New Jersey: For years, Egyptian native Mohamed Younes protested the questioning and detention of Muslim and Arab-American air travelers when they were stopped at airports on security grounds. Now, it has happened to him. An elder in Paterson’s Muslim community – and a close friend of top FBI officials in New Jersey – Younes …

Daily Star Egypt Staff

Middle East, North Africa risk HIV/AIDS epidemic

CAIRO: It was 1986 when the first case of HIV was reported in Egypt. The patient, a man in his 20s, was quarantined against his will at one of Egypt’s local fever hospitals. Reluctant to stay, the infected patient attempted to escape. A hospital security guard shot him down in cold blood. Another case surfaced …

Vivian Salama

Childhood revisited

There are different ways to read Sayyid Qutb’s autobiography A Child from the Village. One can simply view it as an intimate document of rural life at the turn of the 20th century or as data providing clues to the understanding of Qutb’s eventual adoption of the radical Islamic activism that he later became famous …

Daily News Egypt

Artists in protest

CAIRO: For thousands of years, art has held an honored place in Egypt, being rich with both artists and patrons.While art continues to have an influence on the people of this country, many feel it is no longer held in high esteem by the government. The sad state of many of the buildings provided for …

Joseph Mayton

Equipment delays exploratory drilling

CAIRO: Royal Dutch Shell said on Sunday it had found up to 1 trillion cubic feet (tcf) of gas so far in a deepwater concession in Egypt, but a rig shortage has delayed further exploration drilling to mid-2006 Shell wants to find enough gas in its North East Mediterranean Deepwater (NEMED) concession to build its …

Daily Star Egypt Staff

Stock market recovers after last week's volatility

CAIRO: Share prices increased Sunday after last week’s significant volatility, associated with the start of trading in Telecom Egypt (TE) shares. The CASE 30 index, which tracks the top thirty stocks on the Cairo and Alexandria stock exchanges, gained 1.41 percent Sunday closing at 6050.19 points. The market experienced a general decline prior to the …

Waleed Khalil Rasromani

A taste of Japan

CAIRO: The first time you enter Shogun, the eccentric fish tank at the center will likely draw most of your attention. But gradually the teppenyaki corners and the Asian-style decorations will pull you in. Sit for a minute and the sound of hand clapping (as people applaud the almost-acrobatic moves of their cooks), combined with …

Sarah El Sirgany

The natural connection

CAIRO: I’m a city girl, born and bred. Needless to say, I have not had much chance, or inclination, to commune with nature. My interaction is limited to the domesticated house pets I come upon, and the much-feared encounter with insects. I have taken note of the pesky pigeons that roost on the air conditioner …

Aida Nassar

Egypt's forgotten inhabitants

CAIRO: Even with all of the talk regarding reforms – both political and business related – the majority of Egypt’s population remains poor.The total number of informal housing quarters,including shantytowns and slums, range from 1,150 (according to government statistics) to 1,430 (according to local NGO statistics) with a combined total of over 15 million inhabitants …

Daily News Egypt

Egyptian-Israeli trade soars 130 percent, creating jobs and raising wages

CAIRO: Egypt s trade with Israel is expected to rise 130 percent this year, according to the latest figures, the result of a U.S.-brokered agreement that has created an estimated 15,000 Egyptian jobs, an indication of how better relations can produce economic growth. Israeli investment in Egypt, by contrast, remains stagnant, largely because of lingering …

Daily Star Egypt Staff

Putting in their two cents' worth

CAIRO: Have you ever noticed how gastroenterologists and gynecologists, anyone really with any sort of medical degree, even if it’s from Grenada, or if they haven’t practiced medicine since before Castro came to power, feel qualified to speak on any subject whatsoever, feel that their opinion should carry some serious weight, even if they’re talking …

Daily News Egypt

Drumming to their own beat

CAIRO: Sand blew in from the desert, blocking the sun and darkening the skies. The air was thick,hot and hard to breathe. But American drummer Raquy Danziger savored every moment of the day: She was rehearsing for a concert with Said El Artist, Egypt s most famous hand drummer. At the rehearsal, Danziger traded solos …

Daily Star Egypt Staff

Wedding Night ceremonies

CAIRO: Earlier this week, the American University in Cairo Press announced, at a ceremony marking the 94th birthday of Nobel laureate Naguib Mahfouz, the award of the 2005 Naguib Mahfouz Medal for Literature to Egyptian writer Yusuf Abu Rayya for his novel Laylat ‘urs (Wedding Night). The members of the Award Committee decided the award …

Daily Star Egypt Staff

Mubarak demands review of elections

CAIRO: President Hosni Mubarak demanded a review of Egypt’s recently run parliamentary elections, which were marred by widespread violence, his spokesman said Monday. Mubarak’s remarks came during a ceremony in which he appointed 10 lawmakers, including five women, and urged newly elected legislators from his ruling National Democratic Party (NDP) to achieve the political, economic …

Daily Star Egypt Staff

Raya provides contact center services for Coca Cola Egypt

CAIRO: Recognizing the excellence of its contact center services, Coca Cola Egypt has contracted Raya Contact Center to manage its customer care program as part of its ongoing efforts to serve its clients. Raya Contact Center offers Coca Cola Egypt a wide array of services including order taking, complaints handling, service requests handling, general and …

Daily Star Egypt Staff

QIZ past and future discussed at conference

CAIRO: Some 240 participants from Israel and Egypt gathered yesterday at the second conference on Qualified Industrial Zones (QIZ) at the Semiramis InterContinental Hotel. The QIZ concept was established a year ago under a trilateral agreement between the United States,Egypt and Israel. The agreement grants Egyptian products from pre-approved zones tariff-free entry to the U.S. …

Waleed Khalil Rasromani

Making waves

CAIRO: As evidenced by the recent success of the Cairo International Film Festival, Arab filmmakers and directors are nothing to be scoffed at. Young Egyptian filmmaker Karim Fanous makes his directorial debut with his short film ‘Alla Fein (Where To?),which is scheduled to hit international film festivals in January 2006. “I think the cinema gives …

Farah El Alfy

Recycling careers

CAIRO: A month after she closed her first business, a 10-year endeavor, Shereen Allam began preparing her next one. Although she had her start in the private business realm as a designer and manufacturer of children’s clothing (she had to close due to the then-new unaccommodating tax laws and falling victim to theft), Allam decided …

Sarah El Sirgany

Egyptian market boosted by Telecom Egypt IPO

CAIRO: Money left over from an IPO of Telecom Egypt shares pushed up stocks popular with retail investors Sunday, but big-cap declines pulled down the benchmark Hermes index, brokers said. Arab Cotton Ginning and investment bank EFG-Hermes benefited from the returning cash, which investors had set aside for the heavily oversubscribed IPO, which ended Wednesday. …

Daily Star Egypt Staff

Calyon, HSBC bid for Egypt's EAB, says executive

CAIRO: France’s Calyon and Britain’s HSBC have submitted bids for Egyptian American Bank (EAB), which has been put up for sale by its main shareholders, an EAB executive said on Sunday. An earlier statement from EAB had said it received two international bids for the purchase of up 100 percent of EAB, but did not …

Daily Star Egypt Staff

Black gold

CAIRO: With oil prices skyrocketing across the world, and with the Middle East region hosting an abundance of the product, many are growing interested in learning more about the oil business. “Going on a rig and seeing how things are, how they extract oil from the ground, got me really excited, so I decided this …

Farah El Alfy

Egypt's Brotherhood open to dialogue with U.S. Congress

CAIRO: Newly elected Islamist members of the Egyptian parliament are open to dialogue with members of the U.S. Congress without involving the Cairo government, leading members of the Muslim Brotherhood said on Sunday. But contacts with officials of the U.S. administration would require the approval of the Egyptian foreign ministry, the Brotherhood’s deputy leader Mohamed …

Daily Star Egypt Staff

Judge storms out as Nour trial heats up

CAIRO: The judge in the trial of Ayman Nour, runner-up in this year’s presidential elections, stormed out of Monday’s court session after lawyers of both Nour and other co-defendants exchanged insults and shouted at each other. Judge Abdel Salam Gomaa stood up from his chair saying “I am leaving while security and police tried to …

Daily Star Egypt Staff

Kefaya looks ahead at the long road to change

CAIRO: Kefaya demonstrators carried a makeshift coffin, draped in black, with an image of the Maglis El Shaab (People’s Assembly) building on one side and a picture of President Hosni Mubarak on the other, as part of their march commemorating one year of active protesting. The demonstration kicked off with roughly 100 people on the …

Vivian Salama

Untold stories

CAIRO: The intense tension felt in advance of a meeting with Morgan Freeman, one of Hollywood’s most prominent personalities, turned out to be for naught. The academy award-winning actor is anything but intimidating. Freeman is easy to talk to; he is funny and his familiar deep voice, mixed with his side jokes, gives off a …

Sarah El Sirgany

Direct link to Asia

CAIRO: Raya Telecom signed an agreement, Saturday, with Telekom Malaysia Berhad (TM) to launch a new service, AsiaConnect. With the outsourced International Virtual Private Network (VPN) using the latest telecommunications technology, Multi Protocol Labels Switching (MPLS),companies operating in Egypt will be able to directly exchange data securely with their offices in Asia for the first …

Aida Nassar

Authorities mull recommendations on airline deregulation

CAIRO: With the government aiming to increase the annual number of tourists from 8 million to 15 million by 2011,Minister of Tourism Ahmed El- Maghrabi met with experts and EgyptAir officials to consider what changes to the government’s aviation policy are necessary to cope with the anticipated increase in travelers. Speaking at the Egyptian Center …

Waleed Khalil Rasromani

Egypt: 26 percent turnout in elections

CAIRO: Just one quarter of registered voters cast ballots in the month-long parliamentary elections that ended this week,Egypt’s justice minister said Saturday. The three-stage elections were among Egypt’s most violent, resulting in at least 10 deaths and scores of injures since polling opened Nov.9 and ended Wednesday. Rights groups said the violence was triggered by …

Daily Star Egypt Staff