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Latest in Politics


Crash burns onto the silver-screen

CAIRO: The issue of prejudice is not unfamiliar on the silver screen. There have been many films tackling the issue in various ways. Only the unique and well thought-out have claimed box-office success. Crash falls into that category. Arguably one of the best movies of the year, Crash offers a well thought-out script with an …

Farah El Alfy

Industrial development growth in line with far-reaching business plans

CAIRO: The Minister of Trade and Industry, Rachid Mohamed Rachid, announced that industrial investments reached LE 15.0 billion during 2005. Workers, 115,000, were hired and 3,200 new companies were granted establishment licenses. He also added that a draft consumer protection law will be presented to the Peoples Assembly shortly for discussion. According to the quarterly …

Najla Moussa

Cargo ship blocks all traffic in the Suez Canal

CAIRO: A 93,000-ton cargo ship blocked the Suez Canal on Wednesday, stopping all transit of the waterway between the Mediterranean and the Red Sea, a Suez Canal Authority official said. Four tugs have been sent to re-align the Hong Kong-flagged Okal King Dor, which drifted at right angles to the canal about 10 kilometers (6 …

Daily Star Egypt Staff

CIB acquisition finalized

CAIRO: The sale of 18.7 percent of Commercial International Bank (CIB) to a consortium of investors was announced yesterday in a deal worth approximately $230 million. All regulatory approvals for the acquisition have been obtained. The consortium, led by Ripplewood Holdings, Eton Park Capital Management and RHJ International, will purchase the stake at the equivalent …

Waleed Khalil Rasromani

Captain refused to help sinking Red Sea ferry

CAIRO: The captain of a Red Sea ferry has admitted that he steered clear of a doomed ship that sank between Saudi Arabia and Egypt last week, leaving at least 1,000 people feared dead, rather than help rescue survivors so as not to endanger his own passengers. I took the decision not to turn around …

Daily Star Egypt Staff

Nour's wife denied visitation rights

CAIRO: Ayman Nour’s wife and El-Ghad party spokesman, Gamilla Ismail, was prevented from visiting her husband, who is currently in the midst of his sentence in Tora Mazraa Prison; Ismail claims the bar was meant to prevent Nour from submitting articles he had written for the El-Ghad newspaper. Ismail said she had a written permit …

Pakinam Amer

Regulating a free market

CAIRO: Egypt s competition law was first drafted in 1995. Ten years later, after numerous revisions and modifications, the law was finally passed by parliament in February of last year. Mona Yassine, who has been charged with establishing and heading up the new authority that will implement the law, discusses her progress and plans for …

Waleed Khalil Rasromani

Ripplewood to buy stake in Egypt's CIB

CAIRO: A group led by U.S. fund Ripplewood Holdings will buy an 18.7 percent stake in Egypt s Commercial International Bank (CIB) for $227 million to $244 million, a banking source said on Tuesday. It s being sold to a consortium led by Ripplewood, the source, who asked not to be identified, told Reuters, adding …

Daily Star Egypt Staff

Telecom Egypt considers third mobile license bid

CAIRO: Telecom Egypt said on Tuesday it was considering bidding for Egypt s third mobile license, but denied it was holding any talks to sell a stake in Vodafone Egypt to do so. Egyptian daily Al-Alam Al-Youm said Telecom Egypt had begun talks to sell its 25.5 percent stake in Vodafone Egypt, a subsidiary of …

Daily Star Egypt Staff

Coca takes her designs overseas

CAIRO: As though competition within Egypt is not strenuous enough, Jaylan “Coca Ezzat has been providing her interior designing spaces to clients based outside of Egypt, and in other cases been subcontracted by international companies to handle their local projects. But for Coca, designing is a passion and not a competition, although she realizes the …

Sarah El Sirgany

EFG Hermes awarded investment banking deal

CAIRO: EFG-Hermes, a key player on the Cairo and Alexandria Stock Exchanges and a mover and shaker in the industry, is lending its expertise to the MENA region, while at the same time not losing sight of expansion plans at home. To begin with, EFG Hermes announced that it has just been awarded what is …

Najla Moussa

Sending mixed signals

CAIRO: A series of events have unfolded in recent weeks thrusting Muslims and their faith equally into the focus of the media. Islamic scholars, activists and moderates, however, caution that the events making news as of late should be linked neither to Muslims nor the religion in general. Elections in nearly a dozen countries over …

Vivian Salama

Despair for most

SAFAGA, Egypt: It was a long, unhappy weekend in Safaga. Ben Wederman was at breakfast. In person, he looks like Van Morrison. The rest of the media was there as well, TV cameras stuffed under tables. The morning news spread out between plates of scrambled eggs and weak coffee. Fixers scanning and reading the headlines. …

Daily News Egypt

Ferry office ransacked, tear gas fired

SAFAGA, Cairo: Angry Egyptians seeking news of relatives lost aboard the ferry which sank in the Red Sea last week ransacked the office of the vessel s owners on Monday and set fire to the furniture, witnesses said. A crowd of men hurled chairs, filing cabinets and air-conditioning units out of the first floor office, …

Daily Star Egypt Staff

Egyptians want revenge for '86 claims Coly

CAIRO: Hosts Egypt will be out to avenge their defeat by Senegal in the opening match of the 1986 African Nations Cup when they meet in the semi-finals here on Tuesday, claimed the Senegalese captain Ferdinand Coly. The veteran defender told AFP that the Pharaohs had never forgotten the shame of the defeat on home …

Daily Star Egypt Staff

Alcatel to expand international service center

CAIRO: Cairo ICT (Information and Communication Technology) continued yesterday with discussions on various topics including third-generation mobile networks and e-government. Minister of Communications and Information Technology, Tarek Kamel, said at the opening of the conference that the tender for the third mobile license will be announced next week. Two licenses for international calls will also …

Waleed Khalil Rasromani

Rights groups question handling of ship disaster

CAIRO: Indignation is growing over the circumstances under which a passenger ship sank in the Red Sea last week. Critics of the government have questioned the ship’s seaworthiness, the slow pace of rescue efforts and the lack of information provided to victims’ families. The Al-Salam Bocaccio 89 was carrying 1,414 passengers, mostly Egyptian workers, from …

Daily Star Egypt Staff

Press Round-up

CAIRO: With follow-up stories regarding Al-Wafd’s continuing ban gradually shifting out of the public eye, Egypt’s tragic ferry accident, where more than 1,000 are feared to have perished, has dominated the headlines. The Red Sea ferry, returning from Saudi Arabia, sunk early Friday, killing most of its passengers. The ferry had been carrying around 1,400 …

Pakinam Amer

Survivors' stories of crew bungling fuel anger, calls for investigation

SAFAGA, Egypt: First came the frantic banging on Sayed Abdul Hakim s cabin door. Fire! Fire! he heard people yelling. Then smoke boiled through the corridors as terrified passengers scrambled to reach the ferry deck. Everything is under control, crew members told passengers, according to survivors like Abdul Hakim. Abdul Muhsin Rayan, a 35-year-old Egyptian …

Daily Star Egypt Staff

MobiNil, Vodafone and …

CAIRO: Laying rumors to rest, Telecom Egypt (TE) has officially revealed that the company will bid for the third mobile license that is expected to be offered during the next two weeks. “We will definitely bid for the third operator, confirmed Tarek Tantawy, general manager for Investor Relations, Investments, and Financial Planning at TE to …

Najla Moussa

Galloway leaves lighthearted after detainment

CAIRO: He characterizes himself as a freedom fighter and friend to the Arabs. So, when George Galloway, outspoken British MP was detained this weekend at Cairo International Airport on what officials called matters of “national security, it came as a surprise to both he and the anti-war activists he has long supported. Galloway arrived late …

Vivian Salama

Islamists behind bars

CAIRO: Following the release of 453 Muslim Brotherhood prisoners around two weeks ago and 269 last week, families of the remaining Islamists still behind bars have been staging protests and calling for the release of “their loved ones. Families of around 20 detained “Muslim activists have been staging protests in front of the National Council …

Pakinam Amer

Egypt ferry tragedy could revive bridge project

CAIRO: The sinking of an aging ferry carrying more than 1,400 people in the Red Sea, one of the worst maritime disasters in recent history, could revive an old project for a bridge between Egypt and Saudi Arabia. Close to 1,000 people were feared dead Sunday, two days after the ferry went down in the …

Daily Star Egypt Staff

The semi's await

CAIRO: After 90 minutes of strenuous football, followed by injury time and two periods of extra time, the penalty shootout becomes the only way of deciding a winner. Such was the case in Saturday s two quarter-finals at the 25th African Cup of Nations, as the indomitable lions of Cameroon lost to the Ivory Coast …

Daily News Egypt

Xceed on call

CAIRO: The Cairo Information and Communication Technology (ICT) conference opened yesterday with exhibits of local and international companies. Discussions continuing all week are on various topics and will include telecommunications liberalization, ICT in manufacturing and electronic payment. Meanwhile, Xceed Chairman and Chief Executive Adel Danish spoke to The Daily Star Egypt about his call center …

Waleed Khalil Rasromani

Tunisia coach satisfied despite elimination

PORT SAID: Tunisia coach Roger Lemerre said he was departing the African Nations Cup on Sunday satisfied with the performance of his team and their prospects for this year s World Cup finals in Germany. The veteran French trainer, who won the Nations Cup with Tunisia two years ago, said his side had profited enormously …

Daily Star Egypt Staff

Last rescue efforts as 1,000 feared dead on ill-fated ferry

SAFAGA, Egypt: Rescuers made a last-gasp effort Sunday to save more passengers from the ferry that sank in the Red Sea, leaving up to 1,000 feared drowned in one of the worst maritime disasters in years. Less than 400 of the approximately 1,300 people who were on board the Al-Salam Boccaccio 98 were confirmed to …

Daily Star Egypt Staff

Present and Tense

CAIRO: Unless something goes terribly wrong, Hamas will soon form the first Islamic government to ever take office through internationally monitored elections in the Arab world. Louis Fernando, the deputy director of the European Union (EU) Mediterranean Affairs Desk, sounded tense and tired over the phone from Brussels. His boss wanted a status report on …

Nabil Shawkat

Get rich or die trying

CAIRO: Contrary to popular belief, today’s youth understand the value of money. They understand that a luxurious car costs more than half a million pounds, that renting a tiny flat in an upscale neighborhood costs around LE 7,000 a month, that a not-so-casual dinner date will end up costing a minimum of LE 200; speaking …

Najla Moussa

Self-confidence, family support overcome 'age of despair'

CAIRO: Regularly experiencing hot flushes, a bit of insomnia, nervousness, more facial wrinkles, dryer skin and weaker vertebrae are some of the common signs of menopause – coupled, of course, with the menstrual irregularity that leads to cessation. Nonetheless, many women are still surprised with such physical symptoms, not to mention even less aware when …

Sarah El Sirgany