The GSMA has noted the launch of 4G services by mobile operators in Egypt, and believes that Egypt ́s leadership in 4G will serve as catalyst for economic growth and deliver broad societal benefits, the association said.
During a recent visit to (...)
Under the title of "Towards Banking Sustainability: Principles and Road map", the Egyptian Banking Institute holds its 6th Annual Conference on March 17th, under the auspices of His Excellency Mr. Hisham Ramez, Governor of the Central Bank of (...)
Russia's central bank hiked its key lending rate by 1.5 percentage points on Monday after the rouble hit an all-time low on President Vladimir Putin's declaration at the weekend of his right to invade Ukraine.
The central bank did not mention (...)
Interior Minister Mohamed Ibrahim said Sunday that security forces are not willing to intervene in universities unless violence or disruptions to academic procedures occur.
"The Ministry of Interior will not seek security intervention on campus. (...)
The secretary-general of the Presidential Election Commission has questioned the wisdom of allowing appeals against its decisions.
"Appeals against the commission's decisions could hinder its work," Hamdan Fahmy told Al-Arabiya satellite channel on (...)
Egypt's prosecutor general has released Abdullah Mohamed Morsi, the son of ousted president Mohamed Morsi, a day after he and his friend were arrested for alleged possession of hashish.
Morsi and his friend, Mohamed Emad El-Shamy, were arrested on (...)
In his first speech since being sworn in as Egypt's new premiere, Prime Minister Ibrahim Mehleb called for an end to what he describes as "factional protests" so that the country can be rebuilt.
Mehleb on Sunday also promised to seriously look into (...)
Thirty-seven student supporters of ousted Islamist president Mohamed Morsi were referred to trial on Sunday in connection with protests at Al-Azhar University late in January, where clashes took place between protesters and security forces.
The (...)
Stocks slid while oil prices shot up on Monday, after Russia bloodlessly seized a part of Ukraine, escalating tensions between Russia and the West to a level not seen since the end of the Cold War.
U.S. stock futures fell 0.7 percent from a record (...)
The slavery drama "12 Years a Slave" won the Academy Award for best picture on Sunday, making history as the first movie from a black director to win the film industry's highest honor in 86 years of the Oscars.
British director Steve McQueen's (...)
A massive winter storm system packing cold air, snow and freezing rain was bearing down on the U.S. East Coast, causing federal and local offices in Washington to close on Monday after it pummeled the central United States over the weekend.
The (...)
Gunmen burst into a court in a busy shopping area in the center of the Pakistani capital on Monday, killing at least 11 people in a brazen attack likely to shatter any prospect of meaningful peace negotiations with Taliban insurgents.
A loud (...)
North Korea fired two short-range missiles on Monday into the sea off the east coast of the Korean peninsula, South Korea's defense ministry said, days after launching similar rockets last week.
South Korea's Yonhap news agency said the missiles (...)
The Japanese yen gained broadly on Monday while investors sold risk currencies such as the Australian dollar after Ukraine's mobilization to counter possible Russian invasion heightened geopolitical risks.
The U.S. also threatened to isolate Russia (...)
India's top court is due to hear on Monday Nokia's appeal challenging a lower court ruling over transfer of its mobile handset plant in the country to Microsoft amid a tax dispute.
Nokia last month appealed to the Indian Supreme Court saying the (...)
News of the continuation of Egyptian Minister of Interior, Mohamed Ibrahim in the upcoming cabinet has angered many political figures and police reform advocates who have long demanded Ibrahim's dismissal.
Four prominent political parties, including (...)
Belgium and Switzerland warned tourists Friday against going to the Egyptian resort of Sharm el-Sheikh after what Brussels called a "serious threat."
Belgian Foreign Minister Didier Reynders gave no details of the threat but the warning follows a (...)
Police sergeant Abdullah Ali, a guard of one of the judges overseeing the "Itihadya" trial of Mohamed Morsi, was shot dead earlier on Friday in Egypt's Mansoura in the Daqahlia governorate.
The 40-year-old died after recieving three gunshots, (...)
The U.S. government slashed its estimate for fourth-quarter economic growth on Friday in the latest sign of a loss of momentum, but some tentative signs emerged that suggested the worst of the slowdown may be over.
Gross domestic product expanded at (...)
The Federal Reserve should be willing to let inflation temporarily run above its target level so as to more quickly bring the economy back to health, a top Fed official said on Friday, even as a second policymaker signaled the very idea left him (...)
A woman in Upper Egypt's Aswan has reportedly died Friday from Middle East Respiratory Syndrome (MERS), a deadly respiratory virus that appeared in Saudi Arabia in 2012.
Gamila Ibrahim, who just came back from Saudi Arab after performing the Ummra (...)
Citigroup Inc (C.N) said on Friday that it has discovered at least $400 million in fraudulent loans in its Mexico subsidiary and said employees may have been in on the crime.
The bank wrote down bogus loans to a company whose assets Mexican law (...)
President Barack Obama's ban on discriminatory health insurance practices against the sick has not stopped insurers from increasing up-front charges for the expensive drugs needed to control chronic illnesses from leukemia to multiple (...)
A U.S. appeals court on Friday rejected Google's request to put on hold an order requiring the company to remove an anti-Islamic video from YouTube while litigation around the issue continued.
The order came from the 9th U.S. Circuit Court of (...)
A fiery President Barack Obama on Friday attempted to rally Democratic activists to overcome stiff headwinds and work hard for the party's congressional candidates this year in an election-year speech that was sharply critical of Republicans.
The (...)
