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Latest in Politics


Preserving Egypt's heritage – but at what price?

Preserving Egypt’s heritage – but at what price? CAIRO: The complications over renovations in Islamic Cairo span beyond the conflicted attitude of its residents. Experts who study the old city have been up in arms on many counts. Caroline Williams, an Islamic Architecture specialist, had an article featured in the recently published book, Cosmopolitan Cairo, …

Daily News Egypt

Make your own TV schedule

New Showbox digital video recorder puts programs at the mercy of the viewer CAIRO: “It will change the way each of you watch TV forever. You now decide what to watch, when to watch it and where to watch it, says Steve MacDiarmid, vice president for regional operations and customer management for Showtime. What he …

Farah El Alfy

Preponderance of corruption leads to poverty, say experts

CAIRO: While Egypt faces a number of social dilemmas, including rampant unemployment and high levels of illiteracy, many analysts say that official corruption, more than any other factor, represents the root cause of poverty. Corruption is rampant in many areas of Egyptian society – from young people’s dependence on wasta (meaning “connections in Arabic) in …

Daily Star Egypt Staff

Literary debuts

CAIRO: The American University in Cairo Press hosted a reception to celebrate the new publications Sunday evening at the Falaki Campus. AUC Press Director Mark Linz introduced the authors of the new publications: AUC professor and author Galal Amin published The Illusion of Progress in the Arab World which analyzes the Western concepts of progress …

Daily Star Egypt Staff

Preserving Egypt's heritage – but at what price?

CAIRO: Protruding from the corner of a torn up, dirty street in the Gamaliya neighborhood of Islamic Cairo is the clean and imposing, freshly restored Old Cairo Wall. The ancient gateway to the early city currently embraces one of the poorer parts of Cairo. Residents trek through the mud caused by exposed water pipes to …

Daily News Egypt

Stocks slip in low-volume trade

CAIRO: Stock indexes rose 0.8 percent in light trade on Monday despite a lack of market-moving news from a big investment conference attended by the key economic ministers. Brokers said they were taken by surprise when the market rebounded from an initial slump driven by falls in the prices of London-listed GDRs. We were looking …

Daily Star Egypt Staff

Poor now need certificates to receive rations

Government cuts subsidized products and clamps down on recipients CAIRO: Millions of people in low and limited-income brackets depend on what ration cards (subsidized food supplies vouchers offered by the government) provide them to cover a small part of their basic needs. The Ministry of Social Affairs has recently announced that in order to acquire …

Daily News Egypt

Median interbank rate falls to 8.075 percent

CAIRO: The median overnight interbank rate on the pound fell to 8.075 percent on Monday from 8.257 on Sunday at the end of the two-week period for calculating bank reserves, bankers said. Some banks even dealt overnight money at 8 percent, the minimum level maintained by the central bank, which offers to take overnight deposits …

Daily Star Egypt Staff

Increasing cement and steel prices hampering economic growth

CAIRO: High-priced cement and steel are slowing the growth of the Egyptian construction industry. The Egyptian government is working with cement and steel rebar manufacturers in an attempt to keep prices from soaring any further. HC Brokerage research department figures track the rising price of cement over the past two years from a market average …

Daily Star Egypt Staff

Heart examinations mandatory for players – EFA

CAIRO: No player will be registered in any Egyptian club s squad next season unless he passes a heart examination, the Egyptian Football Association announced on Sunday. The decision was taken in the aftermath of Mohamed Abdul Wahab s shocking recent death during an Al Ahli training session due to heart failure, an incident that …

Daily Star Egypt Staff

Love gone wrong

A screen study of why men just don’t get women CAIRO: A romantic comedy staring Jennifer Aniston and Vince Vaughn sounds like a perfect lighthearted date flick, but actually “The Break-up explores the darker side of love, so it might be best to avoid it on a first date. The film opens with Garry (Vaughn) …

Farah El Alfy

CMA licenses four brokers to provide online trading

CAIRO: The Capital Market Authority has licensed another four brokerage firms to provide online trading services in the Cairo and Alexandria Stock Exchanges (CASE), according to CMA head Hany Sarie El Din. In special remarks to NOOZZ, Sarie El Din said the companies include Delta, CIBC, EFG-Hermes and Nile One Brokers. Earlier in July, the …

Daily Star Egypt Staff

Bush says impressed by Egypt's "young reformers"

CAIRO: U.S. President George W. Bush has praised a group of young reformers close to an influential son of the Egyptian president, including the trade and industry minister who local press have mooted as the next prime minister. Bush also said in an interview with The Wall Street Journal published on Monday that President Hosni …

Daily Star Egypt Staff

MPs protest detainment of Palestinian officials

Protests demand that government get serious in demands for Hamas officials release CAIRO: Sunday’s parliament session saw heavy protests as a large number of opposition MPs decided to bring the issue of captured Palestinian government officials to the top of the assembly’s agenda. The protests, however, went largely uncovered by national newspapers. Opposition, independent and …

Pakinam Amer

Israel dismisses Egyptian call for fixed borders for Palestinian state

Spanish Foreign Minister calls for return to peace talks following meeting with Mubarak JERUSALEM: Israel on Monday dismissed an Egyptian call to fix a border for a Palestinian state before resolving other issues, saying the sides should first take confidence-building measures under a U.S.-backed plan. There are no magical quick fixes, Mark Regev, a Foreign …

Daily Star Egypt Staff

Ministers defend reform policies in Euromoney Egypt conference

Ghali suggests more customs cuts; Moheiddin to accelerate privatization CAIRO: Minister of Finance Youssef Boutros Ghali announced the economy has achieved 6.9 percent growth rate, adding he expects the number to reach 7.4 percent by year s end with more reforms in the pipeline, possibly including more customs cuts. The minister s remarks came at …

Ahmed A. Namatalla

Bani Mazar and train accidents illustrate government inefficiency

Local press argues over right to criticize president and censures U.S. war on terrorism on the fifth anniversary of 9/11 CAIRO: While writers were busy reporting and analyzing the recent onslaught of train accidents and the acquittal of the defendant in the gruesome Bani Mazar mass murder, they also found the time and space to …

Sarah El Sirgany

Egypt and Jordan back renewed Arab peace drive

AMMAN: President Hosni Mubarak and Jordan s King Abdullah on Sunday urged the international community to work for a speedy resumption of Middle East peace talks, officials said. They said both leaders agreed at a brief summit talks in Amman that an end to the Arab-Israeli conflict could only come about by a comprehensive settlement …

Daily Star Egypt Staff

About 30 Egyptian asylum-seekers flee Czech holding center

PRAGUE: About 30 Egyptian asylum-seekers have escaped from a holding center near the Czech capital Prague, sparking tight security measures, the interior ministry said Sunday. Their escape late Saturday from the centre at Velke Prilepy was probably organized by a group smuggling illegal immigrants, ministry spokeswoman Marie Masarikova said. The escapees are seeking to enter …

Daily Star Egypt Staff

Streets of Egypt rife with accidents, murder and theft

CAIRO: According to local papers, during the past week crime has been rampant on the streets of Egypt. Various cases of murder filled the papers this week. Al-Gomhoreya national newspaper reported two murders on Sept. 6, both resulting from financial arguments. One man killed another as a result of a fight over a mobile charge …

Ahmad Aboul-Wafa

Ministry of Finance to construct 50 schools under PPP arrangement

Noozz CAIRO: The Minister of Finance has announced that the government will launch Egypt s first tender for construction of 50 schools under the Public-Private-Partnership arrangement (PPP contracts) before the end of this month. The Ministry of Finance has already taken practical measures to construct 3,500 schools over the coming six years. The Minister of …

Daily News Egypt

Stocks slip in low-volume trade

CAIRO: Stocks slipped in low-volume trade on Sunday and brokers said investors would be watching a big investment conference in Cairo this week for clues to the future of the economy. The main indexes fell between 0.4 and 0.6 percent but volume was well below average at LE 461 million ($80.3 million). Appetite is very …

Daily Star Egypt Staff

Award acknowledges tourism recovery in wake of disasters

Opinions differ regarding the prospects of Egypt winning such an award CAIRO: The New Frontiers Award will become a permanent feature of the annual Arabian Travel Market in Dubai. The award will be given to the destination that has made an outstanding contribution to tourism development in the face of overwhelming adversity. It’s not clear …

Sarah El Sirgany

BLOM Bank Egypt goes back to basics; seeks to drop "newcomer" label

Bank executive says Egyptian financial sector remains attractive despite challenges CAIRO: The entrance of Lebanon s BLOM Bank into the Egyptian market at the end of 2005 could not have been more discreet. But, looking back, perhaps it was for the best. While Egypt was preparing for its first presidential elections and dealing with the …

Ahmed A. Namatalla

AUC awards top students full scholarship

CAIRO: The American University in Cairo has admitted 54 new scholarship recipients as part of their Leadership for Education and Development (LEAD) program, the university announced in a statement. The Students, one male and one female from each governorate in Egypt, are the best and brightest Thanawiya Amma (the Egyptian high school graduation certificate) graduates. …

Daily Star Egypt Staff

Median interbank rate falls to 8.2 percent

CAIRO: The median overnight interbank rate on the pound fell to 8.2 percent on Sunday from 8.579 percent on Thursday in the absence of central bank auctions, traders said. Rates also fell because the two-week period for calculating bank reserves ends on Monday, they added. Rates usually fall in the last few days of the …

Daily Star Egypt Staff

Hepatitis B a threat warn prominent physicians, but Egypt can overcome

CAIRO: In the late 1990s, Egypt became infamous in the world of public health as one of the most hepatitis C-infected countries in the world. This unhappy distinction was gained through a public health campaign gone awry. From the 1950s through the 1980s, the government led a massive effort to eradicate the gastrointestinal bacterial infection …


Three Egyptians arrested in Austria on smuggling claims

VIENNA: Police on Sunday were questioning five people from Egypt and Slovakia arrested overnight for allegedly trying to smuggle 17 refugees into Austria, authorities said. The suspects, three Egyptians and two Slovaks, were detained in separate operations late Saturday and early Sunday, according to police in the province of Upper Austria. Officials said the Slovaks …

Daily Star Egypt Staff

Thirteen killed in latest transportation catastrophe

ASSIUT: A four-vehicle collision in southern Egypt Saturday killed 13 Egyptians and injured 10 others, police said. A truck and a minibus crashed on a single-lane highway, a police official said speaking on condition of anonymity because he is not authorized to speak to the press. Two additional speeding trucks then barreled into the first …

Daily Star Egypt Staff