CAIRO: A group of Egyptians are marching 125 km (77 miles) along a major highway to Cairo to take part in a demonstration in Tahrir Square, stretching the boundaries of the country's flourishing culture of political activism.
Fifteen activists (...)
CAIRO: Egypt's military rulers have asked the constitutional court to rule on whether top officials from Hosni Mubarak's era can run for the presidency, a judicial source said on Thursday, after the Islamist-dominated parliament passed a law banning (...)
CAIRO: Egypt's largest steel producer, Ezz Steel, posted a 20 percent drop in 2011 net profit on Tuesday as soaring costs and higher taxes offset a rise in sales during a year of economic and political turmoil.
An uprising ousted president Hosni (...)
CAIRO: Egyptian bank EFG-Hermes reported a 63 percent drop in 2011 net profit on Sunday as the economic fallout from uprisings across the Middle East pushed down brokerage, investment banking and asset management revenue.
Net income before (...)
CAIRO: Egypt's El Sewedy Electric, the Arab world's biggest listed cable maker, reported on Monday a 34 percent drop in its consolidated net profit for 2011, a year of political uprisings that disrupted economies in the region.
Net profit fell to (...)
NORTH SINAI: The group of 50 young men who had blocked off access to a small international military base in the Sinai desert would say nothing of who they were but their appearance held a few clues.
Dressed in army fatigues and armed with AK-47s, (...)
CAIRO: Islamist groups need to join ranks and support the same candidate at Egypt's presidential election in order to avoid splitting the vote and handing victory to rivals, an Islamist candidate said on Thursday.
Mohamed Selim Al-Awa, 70, is one (...)
CAIRO: Egypt's foreign reserves are expected to fall by more than $5 billion to $10.4 billion by the end of June, a newspaper quoted a top army finance official on Wednesday as saying, a sign the government plans to continue defending the currency (...)
CAIRO: Arab League chief Nabil Al-Araby said on Thursday he was opposed to violence as a way to end the Syrian crisis after Gulf states called for arming the rebels seeking to oust President Bashar Al-Assad.
Saudi Arabia and Qatar have led the (...)
CAIRO: Arab foreign ministers will meet for two days starting on March 10 in Cairo to discuss developments in Syria and prepare for the Arab League summit in Iraq next month, a league source said.
The ministers will discuss Damascus' failure to (...)
CAIRO: An Egyptian appeal court upheld a 15-year prison sentence for property tycoon and ex-politician Hesham Talaat Moustafa for his role in the murder of a Lebanese singer, ending his three-year battle to avoid jail, a judicial source said.
The (...)
CAIRO: Nominations for Egypt's presidential election will be accepted from March 10, officials said, signaling the military rulers have accelerated their plan for handing power to civilians.
Abdel Moez Ibrahim, a member of the supreme committee (...)
CAIRO: The general who headed the Arab monitoring mission in Syria said on Monday that violence had dipped after the observers arrived, contradicting accounts by Syrian activists who have said the killing has continued unabated.
Sudanese General (...)
CAIRO: Orascom Telecom (OT) said on Thursday its shares would resume trading on Sunday after the purchase by Russia's Vimpelcom of most of the group resulted in it being split into two separate companies.
Trading in OT's shares has been suspended (...)
CAIRO: For a political movement that has just triumphed in elections, winning nearly half the seats in Egypt's first parliamentary polls since last year's revolution, the Muslim Brotherhood is sounding remarkably flexible on economic policy.
The (...)
CAIRO: Four armed men attacked a hotel in an Egyptian Red Sea resort popular with Israeli holidaymakers before fleeing when police returned fire, security sources and witnesses said on Tuesday.
The men may have been trying to rob a jewelry shop (...)
MAHALLA EL-KOBRA: Party agents flooded the streets with banners and verses from the Quran as the third phase of Egypt's parliamentary election began on Tuesday, with Islamists trying to dominate an assembly that will rival the clout of the ruling (...)
CAIRO: The Muslim Brotherhood's party, leading in a parliamentary election, wants to boost tourist numbers to Egypt and will not take steps that would harm the industry, a party official told a rally in the Red Sea resort of Sharm El-Sheikh.
The (...)
CAIRO: An Egyptian pipeline carrying gas to Israel and Jordan was bombed on Sunday, the 10th such attack this year, but no fire erupted because the line that runs through North Sinai was already disabled, a security source said.
The blast took (...)
CAIRO: Egyptian cigarette monopoly Eastern Company's board has sought approval to double its capital by distributing free shares.
Eastern said on Thursday it would distribute one share for every one held, raising its total capital to LE 1.5 (...)
CAIRO: Egypt will hear the results of elections which Islamist parties expect to win on Friday, and protesters gathered at a rally to remember 42 people killed in clashes with police last month.
Islamist success at the polls in the most populous (...)
CAIRO: Thousands of Egyptians demanding an end to military rule converged on Cairo's Tahrir Square on Friday in what activists say will be the biggest day yet of protests in a week of violence that has seen at least 41 people killed.
The generals (...)
CAIRO: Syria plans to strengthen economic ties with Asian and African countries to offset Western sanctions triggered by President Bashar Al-Assad's crackdown on anti-government protesters, the country's economy and trade minister told an Egyptian (...)
CAIRO: Revenue from Egypt's Suez Canal rose 4.8 percent on a year earlier to $447.9 million in October, up 2.2 percent from a month earlier, a government portal showed on Tuesday.
The canal's revenues in October 2010 were $427.3 million. Revenues (...)
CAIRO: Saboteurs blew up the gas pipeline between Egypt, Israel and Jordan on Thursday in Northern Sinai using remote controlled bombs, forcing it to shut down, Egyptian security sources said.
The first blast, the sixth since the uprising that (...)