Gold - Archive By SAMAH LABIB - Translated by AMANY SABER EGYPT: “The price of gold decreased to four EGP (U.S. $0.67) last week. A mass of 18-carat at a record of 232.25 EGP (U.S. $38.87), 21-carat gold reached 271 EGP (U.S. $45.36) per gram, 24-carat at 309.75 EGP (U.S. $51.84), and a pound of gold at 2,168 EGP (U.S. $362.85),” said a member of the board of directors of the general division of jewelry trade of chambers of commerce union, Ehab Wasef. Wasef said recession affected Egypt’s gold markets but begun to revive during this current phase. The security disorder, parliamentary elections and gold shop owners’ anxiety make costumers hesitate to buy gold. Gold shop owners are following the events carefully in order to close their shops if any troubles take place. Wasef also said the production of gold during 2011 is less than what was produced in 2010. Although many new shapes ar...
Venice Festival Opens The 65th Venice Film Festival, ‘The Ides of March,’ opened this weekend. There were many celebrities present, including George Clooney, Madonna, Colin Firth, Kate Winslet, Keira Knightley, Evan Rachel Wood and Jude Law.
CAIRO: Egypt’s Coptic Christians mourned their dead at a Cairo cathedral today after last night’s deadly Maspiro clashes. At least 24 people were killed in last night’s clashes, including 17 Copts.
Photos by SALLIE PISCH CAIRO: Eight bands took to the stage in Cairo's Gezira Youth Center on Friday night in the first of a series of concerts organized by the Underground Music Federation. Seven Egyptian bands and one American band played.
Eilan Gapril By YOUSEF AYUB and HATEM ATTYA - Translate by AMANY SABER Egyptian Ministry of Foreign Affairs assigned the Egyptian ambassador in Israel, Yasser Reda, to communicate with Israeli officials in order to accomplish the prisoner swap. Egyptian authorities are discussing swapping Israeli spy Eilan Gapril in exchange of 81 Egyptian prisoners. Reda prepared a complete list of Egyptian prisoners in Israel and their charges. He sent this list to the Egyptian Ministry of Foreign Affairs. Egyptian Ministry of Foreign Affairs, in cooperation with Egyptian intelligence, began political negotiation with Israel in order to accomplish the deal. The Egyptian cabinet commanded the Egyptian Ministry of Foreign Affairs and Egyptian intelligence to speed up the retrieval of the detained Egyptians in Israeli prisoners. Israeli media claimed Egypt prepared a secret security plan to release G...
By IBRAHIM BADAWI - Translated by SAMAR SAMIR CAIRO: Security bodies followed up the file of prisoner swap between Egypt and Israel in coordination with the Egyptian Foreign Ministry, Egyptian foreign Ministry spokesman, determine the number of cases of Egyptian prisoners in Israel Amr Rushdi said. He added communications between Egyptian embassy in Tel-Aviv and the Foreign Ministry still continues to know the latest developments concerning the swap deal between American-Israeli spy Eilan Grapil and the Egyptian prisoners who were detained over criminal crimes. There are no war prisoners or anyone detained for political issues. There was conflicting news on the number of Egyptian prisoners in Israel. It is also expected the swap deal will be concluded within the next few days.