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Revenue from Egypt's Suez Canal rose 4.8 percent from a year earlier to US$447.9 million in October, up 2.2 percent from a month earlier, a government portal showed on Tuesday.
The canal's revenues in October 2010 were $427.3 million....
TRIPOLI - Four days of fighting between militias from Libya's coastal city of Zawiyah and members of the Wershifanna tribe have ended after a truce was agreed, according to fighters on both sides.
Fighting had erupted on Thursday after a row...
DOHA - Egypt's state-owned gas company Egas plans to hold a bidding round for natural gas exploration early next year, the petroleum minister said on Monday.
In October, the Egyptian General Petroleum Corporation (EGPC) said it would hold its...
Canada's Methanex Corp, the world's largest methanol supplier, said it will shut down its plant in Egypt due to political unrest in the country, sending its shares down 2 percent.
Political groups in Egypt have warned of an anti-military...
Egyptians are facing a blizzard of posters and TV adverts seeking their votes in the first free parliamentary election in decades but some campaigners are turning to tricks like tearing down rival posters in a race where every vote counts.
The vote...
MAIDUGURI, Nigeria — Wiping grease onto his t-shirt outside his bicycle repair shack, Baba Gana points to a bomb blast site across the street and explains why this northeastern Nigerian town has sympathy for radical Islamists who terrorize its...
The executive chairman of Orascom Telecom, Khaled Bichara, will step down from his post at the end of 2011 and the board has yet to elect a new chairman, the company said in a statement on Monday.
Bichara, who said he planned to "pursue new...
Syria has called for an emergency Arab summit in an apparent effort to prevent being suspended by the Arab League, but the organization said it would meet opposition figures this week who are calling for President Bashar al-Assad's overthrow....
Land-line monopoly Telecom Egypt posted a 21 percent drop in third-quarter net profit on Monday as it continues to suffer the economic fallout of a popular uprising.
The company, which is banking on data services to offset lower fixed-line income,...
DUBAI – Members of a cell arrested before they could carry out attacks on Bahrain's Interior Ministry and the Saudi Arabian embassy had been in contact with Iran's elite Revolutionary Guards, Bahrain's state news agency BNA...
