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Latest in Politics


Wind power could determine future energy needs

In contrast to traditional energy sources, wind farms offer clean, safe and renewable energy ZAFARANA: Amid worldwide attention given to Egypt s emerging nuclear energy plans, German Ambassador Bernd Erbel visited the site of a less discussed, more renewable, and safer type of energy – the Zafarana wind farm. We must focus on renewable energy …

Deena Douara

SidPec to set up two new factories at $65 mln investment costs

CAIRO: Sidi Krir Petrochemicals, SidPec Company, has started to set up a new plant that will produce butadiene for the first time in Egypt. Butadiene is an important industrial chemical used in the production of synthetic rubber. The plant will be established with total investments of $40 million (almost LE 230 million). The company also …

Noozz

GUPCO to receive a $50 mln marine drilling rig

CAIRO: The Gulf of Suez Petroleum Company (Gupco) will receive by the end of this year a marine drilling rig to drill up crude from the Red Sea. The drilling rig will cost as much as $50 million (LE 387 million) and will be constructed by Balayeem Petroleum, Petrobal. A senior official at Petrobal said …

Noozz

Alexandria, we hardly knew ya

CAIRO: While many of Naguib Mahfouz’s most memorable characters stalked the back streets and alleys of Cairo, the Nobel laureate also had a soft spot for Egypt’s second city. “Alexandria was a European city, where Italian, French, Greek or English was heard far more than Arabic, he wrote in Al-Ahram in 1996. “The city was …

Jered Stuffco

Greece's Piraeus Bank increases stake in Egypt unit

CAIRO: Greece s Piraeus Bank raised its stake in Piraeus Bank Egypt, its subsidiary, by 1.9 percent to 95.3 percent by buying shares held by Libya s foreign investment company, Piraeus Bank Egypt said on Thursday. The Greece-based parent bank paid LE 18 million ($3.1 million) to increase its stake from 93.4 percent, valuing the …

Reuters

A Lens to the Past: The changing face of society

During the first half of the 20th century, Egypt was undergoing a social transformation. Class barriers were being torn down, along with rural urban migration, the faces representing the different strata of society in the capital city began to change. This studio portrait by photographer Alban, taken between the 1930s and the 1940s, provides a …

Daily News Egypt

Twenty-five companies vie over Cairo underground access system deal

CAIRO: Twenty-five international technology companies have joined in the competition launched by the Cairo Metro Operation Agency for supplies and installation of passengers’ access solutions using smart cards. The results of the contest will be announced on Dec. 20, 2006. Magdy Azab, chairman of the Cairo Metro Operation Agency, said the agency would install smart …

Noozz

Banking shares lead Egypt's bourse up

CAIRO: Shares rose on Thursday, with shares in investment bank EFG-Hermes and Commercial International Bank (CIB) rising on rumors of a possible merger between them. A CIB official denied the rumor on Wednesday. The banking sector was on fire today, with demand for Commercial Investment Bank, EFG Hermes and National Societe Generale pushing the sector …

Reuters

Crime Scene: Miracle saves blundering truck driver from fatal wreck

CAIRO: It can only be called a miracle, distraught train passengers said after they emerged with bruises and stiff joints from what could have been a fatal train crash with a truck hauling sand. Apparently, the truck driver thought he could best the speeding train at a crossing in the village of Bardin in Zaqaziq. …

Ahmed Maged

Clerics to lift fog on Islam

CAIRO: During a session on Islam to non-Muslims, Sheikh Ahmed Saad met one man who, living beside a mosque for 15 years, thought Muslims were drug-dealers because he saw them suspiciously meet in the late hours of the night. The man only discovered through the information session that the Muslims were not drug dealers but …

Deena Douara

Discovery in Dahab: fantastic sea life, coral reefs, snorkeling and sailing

But can this town recover from last April’s bombing? DAHAB: For travelers on a sandal-string budget, the bus ride from Cairo to this rugged beach community on the eastern shores of the Sinai Peninsula is an ordeal of biblical proportions. Not only are passengers subjected to a grueling, nine-hour ride, but they must pass through …

Jered Stuffco

Film festival president responds to criticism, reflects on expansion plans

CAIRO: Always under heavy criticism, the Cairo International Film Festival isn’t an easy task to handle and in the past three months, newly appointed President Ezzat Abu Ouf has been facing the heat. Since previous President Sherif El-Shobashi’s sudden resignation, Abu Ouf has been appearing on TV gracefully responding to mounting criticism, diplomatically welcoming advice …

Sarah El Sirgany

A Guide to the Cairo film festival films

If you can only see a few . don’t miss these! CAIRO: The chilly breeze of Cairo winter is slowly creeping in. An air of excitement surrounds the region s cultural capital and art lovers are waiting abuzz for the mother of all festivals in Egypt. Yes, the 30th Cairo International Film Festival is starting …

Joseph Fahim

Festival sink or swim?

The success or failure of the Cairo International Film Festival hangs in the balance Five reasons why we think the Cairo International Film Festival will succeed: 1. International celebrities Jacqueline Bisset and Danny Glover. French actress Jacqueline Bisset is one of the icons of both French and American cinema. The legendary actress has worked with …

Sarah El Sirgany

Egypt concerned about Sunni "cleansing" in Iraq

CAIRO: Despite official statements to the contrary, Egypt is especially concerned about the state of Sunnis in Iraq and fears the hegemony of the Shiite majority over the war-torn country according to experts. Last week’s decision by the Shiite-controlled Iraqi Interior Ministry to arrest Sheikh Harith Al-Dhari, secretary general of the Association of Muslim Scholars …

Abdel-Rahman Hussein

Rachid: Egypt's economic improvements cannot be dismissed.

Country has to maintain dynamic push for reform In the second part of The Daily Star Egypt’s interview with the Minister of Trade and Industry, Minister Rachid Mohamed Rachid says there is no escaping that the local economy has improved in previous years. He says he is dedicated to creating more job opportunities for Egyptian …

Ahmed A. Namatalla

Word on the Street: Constitutional reform: Who cares?

Egyptians speak out on their perceptions of upcoming constitutional amendments CAIRO: In his speech before parliament last week, President Hosni Mubarak promised democratic reforms and constitutional amendments. Of course all the politicians sat up and took notice, but do ordinary people care? The Daily Star Egypt set out to find out. As a citizen of …

Daily News Egypt

Regional investment conference held in Egypt

Conference aims to bring together promotion agencies CAIRO: The Second World Association for Investment Promotion Agencies (Waipa) Regional Investment conference was held Nov. 16-18 in the Sinai resort of Sharm El-Sheikh under the auspices of the General Authority for Investment and Free Zones (Gafi) as well as Waipa. The aim of the conference was to …

Abdel-Rahman Hussein

A night at Hogwarts? Not so much

Hodgepodge of fairy tales delights children regardless of false expectations A night at the Cairo Opera House’s Harry Potter Ballet sounded like a ticket onto the Hogwarts Express and the excitement in the theater as kids and parents of all nationalities shuffled to their seats was electrifying. Unfortunately for all of these eager fans, this …

Daily News Egypt

Egypt shares up, Naeem soars after public listing

CAIRO: Egyptian shares gained on Wednesday with investment bank Naeem Holding soaring 88 percent after the firm listed 60 percent of its shares on the stock exchange at a par value of $1 per share, traders said. This stock is seen as a good investment. The investment banking story in the region is a good …

Reuters

Nine killed in minibus crash in Cairo

CAIRO: Nine people were killed and 11 others injured on Tuesday when a minibus collided head-on with a passenger car on a highway south of Cairo, police sources said. The sources said the minibus collided with an oncoming car after it tried to overtake another vehicle on a desert highway. A second passenger car then …

AFP

Conference discusses ways to head off potential energy crisis

CAIRO: Businessmen and researchers called Tuesday for the gradual phasing-out of the government s LE 50 billion annual energy subsidy bill and urged more investment in alternative sources of energy. They called on focusing on wind and nuclear power to avoid a potential crisis once Egypt s natural gas reserves are expected to run out …

Ahmed A. Namatalla

Rights groups say government is limiting Internet freedom

CAIRO: Members of the country’s blogging community have said there is a marked increase in the arrests and detainment of online writers expressing their views on religion and society. Bloggers are being increasingly targeted by state authorities because they provide truthful accounts on events in contrast to state-owned media and press outlets, which often tend …

Abdel-Rahman Hussein

Cairo Carousel: Give me my drugs, my precious .

The Big Kahuna wants to start off this week by apologizing to the fanatical throngs of faithful readers for not making an appearance last week. See, while you dry up your tears and quiet your worried hearts, you should know I was reeling with illness. Yes, the BK was absolutely drained of all energies, twitching …

Daily News Egypt

Agenda

Art: Isabel Castiho A native of Brazil, Isabel Castiho has been painting since 1989, and some of her work is on display at the Museum of Contemporary Art in Sao Paulo. In 1998, she married the Consul General of Spain in Sao Paulo and followed her husband to New York, Spain, Morocco, Saudi Arabia, and …

Daily Star Egypt Staff