Latest in Tag: Investment Highlight

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Latest in Tag: Investment


Netanyahu to Cairo as US pushes Mideast peace

CAIRO: Israeli Prime Minister Benjamin Netanyahu is due in Cairo on Tuesday as Washington is drafting documents to serve as a basis for resuming Israeli-Palestinian peace talks. Netanyahu will hold talks with Egyptian President Hosni Mubarak and other senior officials, Egyptian sources said. Egypt s foreign minister Ahmed Aboul Gheit said on Sunday that the …

AFP

NDP policies council conference discusses elections

CAIRO: Constitutional reforms and an amendment to Article 76 were some of the discussions dominating the National Democratic Party’s supreme policies council conference this weekend. Speaking to the press following the conference, Gamal Mubarak, head of the policies committee, and Safwat El-Sherif, general secretary of the NDP, refused to enforce any amendments to the constitution, …

Tamim Elyan

Gaza marks year since start of deadly Israeli war

GAZA CITY: The Hamas-run Gaza Strip on Sunday marked one year since the start of the deadliest-ever offensive waged by Israel on the isolated enclave, swathes of which still remain in ruins. Sirens were to wail throughout the Palestinian territory at 11:20 am, when the first bombs of Israel s Operation Cast Lead, launched in …

AFP

Gaza activists begin hunger strike as they await entry into Egypt

CAIRO: Members of the Viva Palestina convoy stuck at the Gulf of Aqaba began a hunger strike to commemorate the one-year anniversary of the Israeli offensive on Gaza as they awaited entry into Egypt. Fifteen people from the convoy began the hunger strike at 11:35 am Jordan time to mark the exact moment when Israel …

Abdel-Rahman Hussein

Israeli PM to visit Egypt on Tuesday

JERUSALEM: Israeli Prime Minister Benjamin Netanyahu said he would go to Egypt to meet President Hosni Mubarak on Tuesday as talks over a prisoner swap with Hamas appear to be gathering speed. I intend to go on Tuesday to Egypt to meet President Mubarak, Netanyahu said on Sunday at the start of the weekly cabinet …

AFP

Egypt refusing permission for Gaza convoy to dock in Nuweiba

CAIRO: Egypt has continued to refuse permission for the Gaza aid convoy headed by British MP George Galloway to dock in the port of Nuweiba, insisting that it must head by sea to the port at the city of Al-Arish. The third edition of the Viva Palestina convoy, named Lifeline 3, is currently in Jordan …

Abdel-Rahman Hussein

Iran makes new bid for improving ties with Arabs

CAIRO: Iran made a new offer for resolving tensions with Arab nations, an Egyptian official said Monday, and Egypt s president flew to the Persian Gulf in an unexpected visit to discuss the proposal with his allies. US-allied Arab nations, which are mainly led by Sunni Muslims, have been deeply concerned over the rising power …

Salah Nasrawi

Prisoner swap talks enter critical phase in Israel

JERUSALEM: Marathon top-level Israeli meetings ended early Tuesday without announcement of a decision over whether to accept Islamic militants demand to swap 1,000 Palestinian prisoners for a lone Israeli serviceman. A decision to pay that lopsided price for 23-year-old Sgt. Gilad Shalit could reshuffle Mideast politics in unpredictable ways and possibly ease a punishing blockade …

AP

YEAREND SPECIAL: MP scandals overshadow 2008/2009 PA session laws

Unlike previous years, the 2008/2009 People’s Assembly kept making headlines even after the June recess, with MP scandals overshadowing a largely uneventful term. Scandalous skirmishes In October, MP Ahmed Shobair, who is also a sports TV anchor and former goalkeeper of Al-Ahly football team, was stripped of his immunity when lawyer Mortada Mansour, the ex-chairman …

Daily News Egypt

YEAREND SPECIAL: Despite setbacks, gas campaign vows to go on

Despite a series of setbacks in Egypt’s courts in 2009, the Popular Campaign to Prevent the Export of Egyptian Natural Gas vowed to continue its opposition to the sale of gas, especially to Israel. The campaign had claimed a victory at the tail end of 2008 when the Cairo Administrative Court ruled in November of …

Abdel-Rahman Hussein

YEAREND SPECIAL: 2009: The reemergence of terrorism in Egypt

After a calm 2008, this year saw the reemergence of terrorist incidents and alleged terror cells operating on Egyptian soil, but to a much lesser extent than the mid-1990s. Al-Hussein bombing The most tragic incident occurred Feb. 22 when a rudimentary device exploded in the tourist area of Khan El-Khalili near Al-Hussein Mosque that caused …

Abdel-Rahman Hussein

YEAREND SPECIAL: Egypt's opposition groups blighted by internal divisions

Opposition groups in Egypt had arrows slung on them from all sides in a year marked, not only by criticism and crackdowns from the ruling regime, but by differences within themselves and between each other. The Muslim Brotherhood The Muslim Brotherhood, the largest opposition group, though not officially recognized, received heavy blows from the regime …

Abdel-Rahman Hussein

Egypt's presence in Iraq would create balance: Iraqi FM

CAIRO: Iraqi Foreign Minister Hoshyar Zebari called on Monday for a stronger Egyptian presence in Iraq to create balance in his country, which has been plagued by a recent spate of deadly attacks. Iraq welcomes Egypt s strong return to Iraq through its embassy in Baghdad, Zebari told reporters after talks between Egyptian President Hosni …

AFP

Russian FM meets Mubarak in Cairo

CAIRO: Russian Foreign Minister Sergei Lavrov held talks on Monday with Egyptian President Hosni Mubarak on the second day of a visit to boost ties with his country s main trade partner in the region, the state-run MENA news agency reported. The two discussed international and regional issues of joint interest, the Middle East developments, …

AFP

Muslim Brotherhood appoints new members to Guidance Office

CAIRO: The Muslim Brotherhood elected 16 new members to its Guidance Office who will lead the group for a four-year term, Supreme Guide Mohamed Mahdi Akef said. “There has been a complete change in the Guidance Office, the election process went smoothly and successfully despite the current circumstances, Akef said in a press statement. The …

Safaa Abdoun

Pro-Gaza march to go on as planned despite Egypt ban

CAIRO: The Gaza Freedom March will move forward with plans to march into Gaza on Dec. 31 despite having its request rejected by Egypt’s foreign ministry Monday. “Our efforts and plans will not be altered at this point, Ann Wright of the Gaza Freedom March Steering Committee said in a statement. “We have set out …

Daily News Egypt

Iraq PM in Cairo to improve ties with Egypt

CAIRO: Iraq’s prime minister is in Egypt on a two-day trip to improve relations with one of the Middle East’s power players. Prime Minister Nouri Al-Maliki’s last visit to Egypt was in 2007 as part of an international conference to discuss his war-ravaged country’s future. He arrived in Cairo on Sunday. Ties between the two …

AP

Judicial independence isn't a gift, Mubarak tells judges

CAIRO: President Hosni Mubarak said yesterday that he is vigilant about the independence of the judicial system in Egypt and that it should be protected from any threats to its impartiality and neutrality or any action doubting the credibility of its judges. Mubarak’s words addressed a group of judges during a speech at the Court …

Tamim Elyan

Egypt's Mubarak meets Iranian parliament speaker

CAIRO: Egyptian President Hosni Mubarak met Sunday with Iranian parliament speaker Ali Larijani in the first high-level talks between both countries since relations were strained after Israel’s war on Gaza. Larijani, who met Mubarak and Egyptian parliament speaker Ahmed Fathi Surour for two hours, described the meeting as “very good and constructive. “The two countries’ …

AFP

Aboul Gheit implicitly confirms Gaza barrier, workers come under fire

CAIRO: Egyptian Foreign Minister Ahmed Aboul Gheit implicitly confirmed on Saturday that his country was building an underground barrier with the Gaza Strip, saying it was Cairo’s right to protect itself. “Be it a wall or detection hardware, the important thing is that Egypt’s territory must be protected; it must not be violated in any …

Agencies

Brotherhood to decide on new Supreme Guide

CAIRO: Egypt’s most powerful opposition group the Muslim Brotherhood is currently in the process of appointing new members to its Guidance Office as well as a new Supreme Guide, the current Guide Mohamed Mahdi Akef told Daily News Egypt Sunday. “We are in the process right now of selecting new members to the Guidance Office …

Abdel-Rahman Hussein

Egypt's intel chief meets top Israeli officials

JERUSALEM: Egypt’s intelligence chief Omar Suleiman was in Israel on Sunday to meet with top officials during a low-profile visit to the Jewish state, an Israeli official said. Suleiman met Defence Minister Ehud Barak in his Tel Aviv office and was also due to meet Prime Minister Benjamin Netanyahu, as well as the head of …

AFP

Gaza barrier a 'sovereign right': Egyptian state-owned daily

CAIRO: A state-owned Cairo daily confirmed on Thursday that Egypt is building an underground barrier with Gaza and said it was a sovereign right that would increase pressure on the enclave s Hamas rulers. The barrier… is the same barrier that currently exists but with the addition of underground foundations, Al-Gomhuria said in a front-page …

AFP