KHARTOUM/CAIRO: Egypt is mounting a diplomatic offensive to defuse tensions between Sudan and South Sudan that have raised fears the two former civil war foes could return to a full-blown conflict.
Egypt's Foreign Minister Mohamed Kamel Amr (...)
KHARTOUM: Kenana, Sudan's biggest sugar company, is planning to raise $200 million listing a quarter of its shares in Hong Kong in December, to finance new projects.
Kenana wants to more than double output to over 1 million tons annually and (...)
CAIRO: Military police battled demonstrators in Cairo's Tahrir Square on Sunday, the third day of clashes that have killed 10 people and injured hundreds, casting a shadow over the first free election most Egyptians can remember.
Soldiers (...)
BANI WALID/SIRTE: Libyan interim government forces charged a desert stronghold controlled by fighters loyal to Muammar Qaddafi and battled on the streets of the ousted leader's hometown as they struggled to quash his last pockets of (...)
RAS LANUF/TRIPOLI: Libya's interim leader has made his first public speech in Tripoli, warning against reprisals after loyalists of the ousted Muammar Gaddafi struck out at the revolutionaries pursuing them.
In an apparent attempt to disrupt a (...)
TRIPOLI: Italian oil group Eni is aiming to restart gas exports from Libya to Italy through its Greenstream pipeline by October or November, its chief executive told Reuters on Monday.
"The first thing we want to do is to restart immediately the (...)
CAIRO: When protests ousted Hosni Mubarak in February, many Egyptians unearthed old grievances against employers, politicians and neighbors, demanding justice from a legal system they had long seen as favoring the elite.
"The barriers have (...)
CAIRO: Doctors failed to complete a heart test on the wife of former Egyptian President Hosni Mubarak, a state newspaper said on Monday, potentially prolonging a stay in hospital after anti-corruption authorities ordered her detention.
Al-Ahram (...)
CAIRO: Egyptian mobile operator Orascom Telecom's CEO will take over from Naguib Sawiris as executive chairman, the firm said on Monday, as the billionaire moves to get more involved in his country's changing politics.
Ahmed Abou Doma, the former (...)
CAIRO: Talks between Hamas and Fatah to hammer out details of a joint Palestinian government began in Cairo on Monday after Egypt brokered a deal to end their four-year feud.
The discussions center on the make-up of an interim government unifying (...)
CAIRO: Weather Investments II rather than its majority owned Wind Telecom will ask for seats on Russian operator Vimpelcom's board if an existing shareholders agreement is cancelled, a Wind spokeswoman said on Thursday.
Egypt's Al-Mal newspaper (...)
AJDABIYAH: Libyan rebels reported heavy fighting with the forces of Muammar Gaddafi on the Mediterranean coast road on Wednesday as both sides tried to break a stalemate in the seven-week war.
Mohamed el-Masrafy, a member of a rebel special (...)
CAIRO: Wind Telecom, the holding company of Egyptian telecoms tycoon Naguib Sawiris, said on Monday it had obtained "firm commitments" to refinance about €420 million ($575 million) of debt issued by one of its subsidiaries.
The firm said in a (...)
SHARM EL-SHEIKH: Egypt's uprising emptied the hotels, casinos and bars of a tourist trade that employs one in eight Egyptians, but staff expect the recovery to be quick and the revolution to boost business in the long run.
With its year-round (...)
SHARM EL-SHEIKH: Anyone wondering how veteran President Hosni Mubarak lost touch with Egyptian reality needs look no further than this Red Sea resort, where he took refuge after his overthrow last week by a popular uprising.
With its tidy rows of (...)
SHARM EL-SHEIKH: Egypt's ousted president has given up and wants to die in the Red Sea resort of Sharm el-Sheikh where he has been living since a popular uprising ended his rule, a Saudi official said on Wednesday.
Hosni Mubarak, 82, has suffered (...)
CAIRO: Egyptian mobile phone firm Mobinil said on Sunday its net income fell about 38 percent in the fourth quarter of 2010, hit after fierce competition forced it to keep prices low and spend more on promotions.
But the firm said it added 1.824 (...)
CAIRO: Egyptian President Hosni Mubarak looked likely to step down on Thursday in response to more than two weeks of nationwide protests against his 30-year rule.
Asked if Mubarak would step down, an Egyptian official told Reuters: "Most (...)
CAIRO: Revenue from Egypt's Suez Canal dropped 1.6 percent to $416.6 million in January from $423.4 million in December but was up 8.6 percent from a year earlier, a state website showed on Wednesday.
Egyptian officials have said the Suez Canal — (...)
CAIRO: Arafa Holding, Egypt's biggest garment exporter, said on Monday that all of its production facilities had started running again as of Saturday.
The firm said it halted operations at its Goldentex facilities in the 10th of Ramadan area in (...)
CAIRO: Egypt tried to get the nation back to work on Sunday with banks reopening, and the vice president held unprecedented talks with a banned Islamist group and other opponents about their demand that President Hosni Mubarak quit.
A steady (...)
SUEZ: Mosaics lining the road to Suez glorify Egypt's achievements in a 1973 war with Israel but, further on, toppled billboards, charred signposts and shattered glass stand as monuments to a more recent conflict.
The port city has jumped onto (...)
CAIRO: Egyptian mobile operator Mobinil is to employ new mobile services this year to help boost its profit margins despite an increasingly crowded market, its chief executive said.
Mobinil, which leads Egypt by subscribers according to the most (...)
MOSCOW/CAIRO: Vimpelcom wants to renegotiate a $6.6 billion bid for control of telecoms assets owned by Egyptian businessman Naguib Sawiris, who said he would consider changes to the shareholder structure but not the value.
New terms could be the (...)
CAIRO: Egypt's spy chief told US officials last year Iran was trying to recruit Bedouin in the Sinai Peninsula to help smuggle arms into the blockaded Gaza Strip, a leaked US diplomatic cable said.
US ally Egypt was frightened by the spread of (...)