Centamin Egypt Ltd. posted quarterly net profit almost three times the year-ago level, boosted by higher gold prices, and said it was on track to hit its revised 2011 gold production target.
Violence between Israel and Gaza militants flared anew Sunday after Egypt said it had brokered a truce to end attacks that have killed 10 Palestinian gunmen and an Israeli civilian in the past five days.
American oil and gas company Apache Corp
plans to increase investments in its Egypt operations by $1.5 billion starting in 2012, Egypt's General Authority for Free-zones and Investments said on Saturday.
Africa's new scramble for oil is heading east, where the potential could be huge but the risks are far higher than in the well-established sector on the continent's west coast.
The leader of the Islamist party which won Tunisia's first free election appealed for calm in the town where the Arab Spring began, accusing forces linked to the ousted president of fanning violence there.
The Islamist Ennahda party was officially declared the winner of Tunisia's election Thursday, setting it up to form the first Islamist-led government in the wake of the Arab Spring uprisings.
The official death toll from the Van, Turkey earthquake last Sunday has risen to 500 people, but while rescue teams find more bodies and people whose homes were destroyed sleeping outside on snowy nights, the world has turned its attention to the relationship between Turkey and Israel.
Scott Olsen, a former U.S. Marine who completed two tours in Iraq, is in critical condition on Thursday, after being hit in the face by a police projectile during an Occupy Oakland protest Tuesday night. Will his injuries galvanize the Occupy movement?
A delegation from the Arab League, tasked with helping end the violence in Syria, met Wednesday with Syrian President Bashar al-Assad to facilitate the ceasefire demanded by the Arab nations in a resolution last week.
Egypt released suspected Israeli spy Ilan Grapel on Thursday, as part of a prisoner exchange between the two counties.
Tunisia's moderate Islamist party said on Wednesday it would put forward one of its officials for the prime minister's job, after it scored a resounding victory in the first election after the Arab Spring uprisings.
Following these simple travel etiquette tips will not only make you less likely to stand out as a tourist, it will bring better service and more respect from locals.
An Egyptian court jailed two policemen on Wednesday for seven years for their cruel treatment of an activist whose death helped kindle the popular revolt against Hosni Mubarak.
He warned that the US and other western nations will likely face consequences for their support of Libyan rebels who toppled Gadhafi.
An Egyptian court jailed two policemen on Wednesday for seven years for their cruel treatment of an activist whose death helped kindle the popular revolt against Hosni Mubarak.
Tens of thousands of supporters of President Bashar al-Assad rallied in Damascus on Wednesday while his opponents staged strikes across Syria ahead of an Arab league mission aimed at bringing the two sides together for talks.
The Islamist leader whose party is now Tunisia's most powerful political force met stock market executives on Wednesday to send the message that the government ushered in by the Arab Spring revolt will be business friendly.
The report, compiled by Human Rights Watch, concluded that the military's violent intervention in the Oct. 8 demonstration compromised its ability to conduct an impartial investigation. The Supreme Council of Armed Forces has ruled Egypt effectively since former president Hosni Mubarak's fall, and whether it allows a separate probe will reflect its willingness to relinquish power.
Tunisia's moderate Islamist party on Tuesday claimed a thumping victory in the country's first election, sending a message to the region that once-banned Islamists are challenging for power after the Arab Spring.
Prices on Egypt's stock market must stabilise before same-day settlement resumes, the financial regulator said, shrugging off warnings from some traders that the delayed settlement imposed during February's popular uprising was deterring investors.
Maersk Drilling has struck a four-year $780 million deal with BP for a deepwater rig, and aims to increase its fleet by 6-8 rigs within five years.
Egypt's Citadel Capital plans to scale back investments outside its existing projects until the political and economic outlook becomes clearer, its chairman told Reuters.