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Latest in Politics


CIB Q1 2006 net profit up 31 percent

CAIRO: Egypt s biggest private bank, Commercial International Bank, increased its first-quarter net profit 31 percent to LE 187.56 million ($32.56 million), the bank reported on Wednesday. Net profit for the same three-month period last year was LE 142.91 million, CIB said in a newspaper announcement. Provisions fell to LE 39.73 million from LE 81 …


Doing business with Australia 101

CAIRO: Businesspeople looking for investment opportunities in Australia, trying to locate the most suitable Australian exporters, or simply exploring the option of doing business with the country, gathered together yesterday for a seminar at the Egyptian Businessmen Association (EBA). During the morning event, about 100 representatives of the country s different trade and industrial sectors …

Sarah El Sirgany

U.S. "disappointed" by renewal of Emergency Law

WASHINGTON: The United States on Tuesday strongly criticized Egypt s decision to approve a two-year extension of the Emergency Law President Hosni Mubarak slapped on the country 25 years ago after the assassination of his predecessor Anwar Sadat. State Department spokesman Sean McCormack noted that during last year s presidential campaign Mubarak said he was …


Brotherhood speaks out on renewal of Emergency Laws

CAIRO: Mass arrests targeting Muslim Brotherhood members coupled with the renewal of the Emergency Laws have left Brotherhood leaders angry and speculating on a “conspiracy against Islamists in general and the Brotherhood in particular. “All hopes for reform have totally vanished, declare Muslim Brotherhood leaders on their official Web site, with spokesman Essam Al-Arian vocal …

Pakinam Amer

Four killed in accidental Cairo blast

CAIRO: Four Egyptians were killed and another wounded when a device accidentally exploded Wednesday at a mechanical workshop in the low-income Cairo neighborhood of Imbaba, security sources said. An 18-year-old mechanic, Radi Mahmum Abdul Latif, was using the silver-coated metal device to try to unscrew part of a car when it went off, killing him, …


Run through the desert

WESTERN DESERT, Egypt: An extraordinary run through the Western Desert of Egypt began at the tip of the Quattara Depression and continued into the environs of the Bahareya, Farafra, Dakhla and Kharga Oases from April 21-30, 2006. Fenouil, director of Dakar 1994 and Rallye des Pharaons (1982-1994), was the brains behind the event. The finale …

Daily News Egypt

Prominent editor discusses evolution of the Arab world

CAIRO: With unrest spreading throughout the Arab world, many have been attempting to find solutions to the issues presenting themselves on a daily basis. Whether it is politicians, businesspeople or journalists that are playing a significant role, all are hoping to finally bring about change in the region. Speaking on the unrest in the region, …

Farah El Alfy

Investments in tourism industry unfazed by bombings: minister

CAIRO: Investments coming in from Egypt’s tourism industry are still booming despite the recent bombings in Dahab, according to Minister of Tourism Zoheir Garrana. In an interview on Tuesday with Reuter’s news agency, Garrana said that investors are still vying for investment opportunities in large-scale tourism projects in the country. While the minister conceded that …

Najla Moussa

Emergency Law hinders human rights work

CAIRO: The threat of unjustified arrests and fear of unilateral legislative powers, among other issues, topped the concerns of human rights activists in the country following the parliament s decision to renew the Emergency Laws. While some say that the laws don t affect their day-to-day work, others have described how this set of controversial …

Sarah El Sirgany

Reporters barred from protest as police intervene yet again

CAIRO: Hundreds of riot police once again converged on downtown Cairo, Monday, in order to stem another demonstration, this time organized by the Nasserite Party in connection with Labor Day and labor laws in the country. However, it was also used as a follow up in support of a previous demonstration showing solidarity for two …

Joseph Mayton

Egyptian program "anti-America," says Israel media watch group

CAIRO: An Israeli media watch group is accusing Egyptian television of promoting anti-American messages on its airwaves. Palestinian Media Watch (PMW), a right wing organization based in Jerusalem, is reporting that the Egyptian Channel 1 program Man in the Era of Globalization, starring Egyptian actor Salah El-Saadani, carries anti-American hate propaganda. In its advisory, PMW …

Vivian Salama

Islamic Jihad team holds talks in Cairo

GAZA CITY: A delegation from Islamic Jihad, the radical Palestinian faction behind the last eight anti-Israeli suicide attacks, is in Cairo for talks with Egyptian officials, Jihad sources said on Tuesday. A delegation arrived last night in Cairo from Damascus (where many Jihad leaders are based) to meet Egyptian officials, Khaled Al-Batsch, one of Jihad …


Dahab bombings death toll rises to 19

CAIRO: The death toll from last week s bombings in Dahab has risen to 19 after an Egyptian died of his injuries, state-owned newspapers reported Tuesday. Ihab Salah Al-Sharqawy, an accountant working in the Sinai region, was wounded in one of the three suicide attacks that rocked the resort on April 24 and died of …


Median overnight interbank rate ticks up to 8.3 percent

CAIRO: The median overnight interbank rate on the pound rose slightly to 8.3 percent on Tuesday from Sunday s 8.247 percent with banks seeking to place funds in a central bank auction. Bankers said they expected rates to be better for the seven-day certificates of deposits offered by the central bank than on the interbank …


Government rethinks food subsidies in light of rising sugar prices

CAIRO: The dramatic rise in global sugar prices in recent months has been a mixed blessing for Egypt. Sugar is one of a handful of food products supported by the government under its subsidies regime and the price rise has caused a budgetary predicament, prompting the government to reconsider its approach to food subsidies. Meanwhile, …


Boycott vs. dialogue

CAIRO: After protesting relentlessly for months, vociferously declaring a boycott of all Danish products, Muslims are divided over “what to do next. With some Muslims insisting on continuing the economic boycott and refusing to forget their perceived humiliation, others are calling for cultural exchange and dialogue between Danes and Muslims – in particular, youth. Islamic …

Pakinam Amer

Forty-five injured in train crash

CAIRO: Two trains collided at a station in northern Egypt Monday, derailing four carriages and injuring 45 people, police said. None of the injured was in serious condition and all were treated at a local hospital, a police official said, speaking on condition of anonymity because he is not authorized to speak to the press. …


Behind the lines

CAIRO: For most, life, with its continuous struggles, is hard enough as it is. Living in a war zone makes it even more of a challenge. “Absent unravels the story of Dalal, a young Iraqi woman, and her neighbors struggling with their day-to-day lives as they dodge allied bombings and international sanctions following the first …

Aida Nassar

Opposition voices anger over renewal of Emergency Laws

CAIRO: With only days to go until the expiration of Egypt’s highly controversial Emergency Law, the Parliament Sunday passed a measure to extend the legislation for another two years. Condemned for its authorization of sweeping arrests and detentions by Egyptian national security, the Emergency Law is viewed by critics as a tool to stifle any …

Vivian Salama

Egypt and Jordan push for revival of peace talks

AMMAN: Jordan s King Abdullah and President Hosni Mubarak have agreed to ask major powers to revive Middle East peace talks next month to pre-empt Israeli unilateral moves, their foreign ministers said on Saturday. Both countries are worried about the prospects for Arab-Israeli peace after the election of a new Israeli government under Ehud Olmert …


Three killed as police sweep Sinai for bomb suspects

CAIRO: Three Egyptians were killed Sunday in clashes that broke out when police raided northern Sinai to hunt down the group responsible for the deadly bombings in Dahab, security sources said. State-owned newspapers also reported that one of the three suicide bombers who blew themselves up in the Red Sea resort of Dahab on April …


Press Round-up

CAIRO: After the upper house agreed to President Hosni Mubarak’s proposal to extend the Emergency Law for two years, criticism of the decision has been non-stop. National newspapers published few reactions, focusing instead on Mubarak’s announcements, while the independent press launched a campaign against the much-criticized law. According to Al Ahram, “the Emergency Law would …

Pakinam Amer

Nour's top lawyer missing: wife

CAIRO: Jailed opposition leader Ayman Nour s top lawyer and a colleague have gone missing, Nour s wife and spokeswoman, Gamila Ismail, told AFP Saturday. Amir Salem, the lead defense lawyer in Nour s forgery trial, and Ihab Al-Khouly, also a Nour lawyer and one of five vice presidents for Nour s El-Ghad (Tomorrow) party, …


Zoning industry

CAIRO: The theory of comparative advantage is entrenched in modern economic dogma. Countries specialize in the few goods that they can produce more efficiently relative to other goods and procure their remaining needs from other nations. While critics of globalization may dispute the social and political implications of the idea, few will deny its material …


Calling with one voice

CAIRO: The Minister of Religious Endowments Mahmoud Hamdi Zaqzouq announced at a press conference on Sunday that the government, with the support of the Grand Mufti Ali Gomaa, has approved a project to synchronize the call to prayer in Cairo. The minister also said that the government might next ban the use of amplifiers by …

Najla Moussa

Rights activists cry foul after arrest of protesters

CAIRO: Human rights activists condemned the arrest of at least 30 protesters at demonstrations held on 26 and 27 April, held in support of pro-reform judges. Among other groups, the South Centre for Human Rights Studies called in a press statement for the immediate release of all those detained for supporting independence . According to …

Daily Star Egypt Staff

Woof

“I like pigs, Winston Churchill is supposed to have said on what must have been a rainy day. “Dogs look up to us. Cats look down on us. Pigs treat us as equals. Well, I don’t know about pigs, but he certainly had cats and dogs figured out. Which doesn’t reflect very well on the …

Daily News Egypt