EGYPT

IBTimes Logo

Algerie Telecom to spend $6 bln on upgrades by 2014

Algerian state-owned telecoms firm Algerie Telecom will spend $6 billion to upgrade its fixed-line and mobile operations over the next five years, the firm's deputy chief executive told Reuters on Tuesday.

The 7 Deadly Sins of Travel

IBTimes Logo
If you travel often I'm sure that at some point you've found yourself listening to a fellow backpack-toting wanderer berate his peers for not being 'good travellers'. But really, is there such a thing as a
More news
IBTimes Logo

Battle-tested IMF emerges with bigger global role

The International Monetary Fund is evolving into a central clearing house that will help manage the global economy, the head of the IMF's policy-steering committee said Monday as nations debated the lender's future role.
IBTimes Logo

IMF members make little headway on power shift

Global finance chiefs made little headway on Sunday in overcoming long-standing disagreements over how much power rich nations should cede to major developing countries at the International Monetary Fund.
IBTimes Logo

Israeli planes strike Gaza tunnels and building

Israeli planes carried out strikes on tunnels used for smuggling along the Gaza-Egypt border and a building east of Gaza city on Saturday, causing damage but no casualties, security forces and the Israeli military said.
IBTimes Logo

Palestinians want peace deal but don't reject Hamas

Most Palestinians who want a state of their own would like to achieve it through a peace deal with Israel but there is still substantial support for the Islamist Hamas group which favors resistance, according to a new opinion poll.
IBTimes Logo

No sign of settlement deal after U.S.-Israel talks

The United States and Israel ended another round of talks on Wednesday with no sign yet of a deal on a West Bank settlement freeze, but a U.S. envoy planned to meet again with Prime Minister Benjamin Netanyahu on Friday.
IBTimes Logo

Weather to buy back 744.6 million euros of bonds

Weather Investments, an Italian-based holding company that owns Egypt's Orascom Telecom, said on Monday holders of 744.6 million euros ($1.1 billion) worth of the firm's bonds had agreed to sell them back.
IBTimes Logo

Netanyahu says still gaps with U.S. on peace moves

Israeli Prime Minister Benjamin Netanyahu said on Sunday there were still gaps to bridge in talks with a visiting U.S. envoy seeking a settlement freeze and the revival of Israeli-Palestinian negotiations.
IBTimes Logo

Massage Therapy as Medicine

Massage is an ancient medical treatment. Once pushed out of favor by social mores and biotechnology, massage therapy is now regarded as a major healing force.
IBTimes Logo

Fresh appetite for Gulf IPOs seen after Ramadan?

The market for initial public offerings (IPO) in the Gulf looks set to reopen as stock markets and the oil price recover, and bankers expect a few companies to test the waters when Ramadan ends.
IBTimes Logo

Five secret must-see sights on Luxor’s West Bank

Get away from the crowds with our pick of some underrated gems in Egypt's ancient valley Despite the recent closure of many tombs and temples on Egypt's West Bank, there are still dozens of sites to explore.
IBTimes Logo

Orascom Telecom Q2 net up, markets still tough

Egypt's Orascom Telecom on Tuesday posted second quarter net profit up 38 percent at $111.8 million, the lower end of forecasts, and said it saw only timid signals of economic recovery in its markets.
IBTimes Logo

Apache to sign three oil and gas deals in Egypt

U.S. Apache Corp (APA) is to sign three oil and gas deals on Thursday worth $30 million for a total of 14 wells in three areas of Egypt's Western Desert, the Oil Ministry said in a statement.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.