Egypt, Turkey trade volume reached $1.5 bln Turkish State Minister Kursad Tuzmen said Wednesday that the trade volume between Turkey and Egypt reached $1.5 billion in the first five months of 2008." Attending the July 23 national day reception at the Egyptian embassy residence in Ankara, Tuzmen said

SINGAPORE: Oil extended a rebound Friday, rising above $126 a barrel after several declines over the past two weeks, although the market remains weighed down by the belief that falling fuel demand does not justify the recent high prices.Light, sweet crude for September delivery rose 67 cents to $126

The relationship between an agency and a client is frequently described as “a marriage.” Talk about setting the bar low.Personally, I would have gone with a happier metaphor*. I guess when people invoke the marriage metaphor, it’s possible they mean that while they expect it to be a relationship fra

CAIRO: The market strongly zigzagged this week, reversing trends almost on a daily basis. As several stocks fell to cheap levels over the past weeks, investors grabbed stocks they deemed a bargain relative to earnings expectations. Overall, Egypt's benchmark CASE 30 Index gained 0.28 percent to end

CAIRO: Hill International and Talaat Moustafa Group announced last week the formation of a joint venture, Hill TMG, which will oversee the construction of nine major Talaat Moustafa projects. "It's a special make of company," said Waleed Abd El Fattah, vice president for special alliances at TMG, "I

LONDON: A British court ruled Wednesday that a radical Muslim preacher accused of helping to set up a terrorist training camp in rural Oregon cannot appeal against extradition to the United States to face terrorism charges.Justice Igor Judge refused Abu Hamza Al-Masri's application to challenge his

CAIRO: Ambassador Margaret Scobey spoke to the 22 recipients of the 2008 USAID Peace Scholarship who are now in Cairo preparing to depart for the United States. This year's scholarship recipients come from seven different countries, including Egypt, Lebanon, the West Bank/Gaza, and Morocco. “I’ve

Family dispute leads to murder of fiancée’s brotherAn employee at the Egyptian Electricity Authority (EEA) was slain after attempting to settle a dispute between his family and his sister's fiancé.Ayman Gouda stepped in to talk with the fiancé, Ahmed Sayed, a worker living in the El-Hawafin village

CAIRO: Arab reactions to the regional visit of presidential hopeful Barack Obama have been mixed due to his emphasis on cementing his credentials as a true friend of Israel and comments he made while meeting Israeli officials. Arriving late Tuesday night and departing Thursday morning, the Democrat

CAIRO: Charismatic tennis player Mahmoud Hamed El-Sayed is more than just an exceptional athlete who has been climbing up the national tennis rankings for the past decade though local and international competitions. As a senior at the University of South Florida (USF), he was recently given the Big

VATICAN CITY: Pope Benedict XVI urged the world to help Iraqis who have fled their country and called for better protection for Christians inside Iraq during talks Friday with Iraq’s prime minister, the Vatican said.The struggle against terrorism and the need for religious freedom also were central

COPENHAGEN: A Danish court ruled Friday it was legal to continue holding two Tunisians suspected of plotting to kill a Danish cartoonist who satirized the Prophet Mohamed without trial.The two men, aged 26 and 37 and residents of Denmark, have been held at the request of the Danish intelligence agen

AL-ARISH: Israeli troops on Friday shot and wounded an illegal African migrant as he infiltrated the border with Egypt, an Egyptian security official said.“We heard gunshots from the Israeli side” of the frontier between Israel and Egypt’s Sinai Peninsula, the official told AFP on condition of anony

CAIRO: Struggles in the region are not between Jews and Arabs but instead come from the threat of extremism, Israeli Foreign Minister Tzipi Livni said.Livni made the statement during a reception at the Egyptian embassy in Israel on July 23 to commemorate Egypt’s celebration of the 1952 ascension of

CAIRO: Egyptian authorities have shut down the Iranian Al-Alam television station’s Cairo office in Maspiro on Thursday, and confiscated their broadcasting equipment, including cameras, computers and recording tapes.Officials claim the television network was operating without a broadcasting license,

CAIRO: In the wake of a decision by Egyptian censors this week to ban “Inside Egypt: The Land of the Pharaohs on the Brink of a Revolution,” a book by British journalist John R. Bradley, numerous theories have been making the rounds in Cairo as to the reason behind the act. In an email interview fr