Cairo

Tough economy converts Egyptian drivers to gas

By Cynthia Johnston CAIRO (Reuters) - With black smoke belching from battered vehicles on the congested streets of Cairo and the sickly smell of exhaust hanging in the air, Mohamed Daoud's taxi glides quietly along on cheap,...

Egypt police in dark after 400 lamp posts stolen

CAIRO, Dec 02, 2008 (AFP) - Egyptian police are trying to track down hundreds of street lamps worth almost a million dollars after they were stolen from a road in the north of the country, local media reported on Tuesday. The...

Somali pirates 'to free Saudi tanker within 48 hours'

CAIRO, December 1 (RIA Novosti) - The Saudi supertanker the Sirius Star, seized by Somali pirates on November 15, will be released within the next two days, the Saudi Arabian ambassador to Kenya said on Monday. Nabil Ashur said...

Mahalla factory workers reject company offer, continue sit-in

CAIRO: Workers from the Ghazl El-Mahalla spinning factory have rejected an offer made by company management and the head of the Egyptian Federation of Trade Unions (EFTU) and vowed to continue the sit-in they began Sunday in...

At annual forum, experts debate subsidies, terrorism, free markets

CAIRO: Before the close of Egypt’s International Economic Forum this year, chairman Shafik Gabr reminded the audience that the United States was able to force France, Israel and the United Kingdom out of Sinai in 1956 largely...

Crude oil prices fall

Published: Dec. 1, 2008 at 8:51 AM Quotes delayed at least 20 mins. NEW YORK, Dec. 1 (UPI) -- Crude oil prices fell to $51.60 a barrel on the New York Mercantile Exchange after an oil ministers' meeting in Cairo ended without...

Saudi Arabia chairs Arab Economic and Social Council session

Cairo, December 01, SPA -- Saudi Arabia will chair the Extraordinary session of the Arab Economic and Social Council at the level of finance and economy ministers which will be held here on Thursday at the Arab League...

Public spending on IT may decline, say experts at IDC Cairo

CAIRO: The International Data Corporation (IDC) brought its IT in Government Roadshow to Cairo on Monday.The conference brought together some of the industry’s leading experts in an effort to discuss the state of the IT sector...

UNDP report calls for more attention to Upper Egypt

CAIRO: Upper Egypt needs more attention, more developmental projects and more investments, said the latest United Nations Development Project (UNDP) report on human development covering eight Egyptian governorates. Although the...

Traders blame high prices for low demand on cattle prior to Eid Al-Adha

CAIRO: Eid Al-Adha is less than a week away and many cattle traders around the capital are still tending to most of their live stock instead of having already sold a considerable portion — if not most — of it by this time of...

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