DUBAI — Abraaj Capital, a Dubai-based buyout firm yesterday announced that it has taken a strategic stake in Egypt's leading integrated sugar company.
Egyptian President Hosni Mubarak on Saturday said that Egypt supports the legitimate position of the Palestinian Authority and President Mahmoud Abbas and his government.
Egypt moved forcefully Thursday to isolate Hamas, calling a regional summit next week including the Israelis and Palestinians -- and shunning contacts with the militant group after its takeover of the Gaza Strip.
Abraaj buys stake in Egypt firm - UAE
Washington urges Cairo to step up efforts to control smuggling of arms and funds to Hamas. Egypt says the threat is exaggerated. WASHINGTON — As they try to work out a joint approach to a Gaza Strip controlled by the militant group Hamas, the United States and Egypt already are parting ways on the key issue of how to control the Palestinian territory's dangerous southwestern border.
Mahmoud Abbas of Fatah will meet with President Hosni Mubarak of Egypt and the Jordanian and Israeli leaders.
CAIRO (AP)--Egypt President Hosni Mubarak on Saturday described Hamas' takeover of Gaza as a "coup" and warned that the militant group's conflict with the Fatah movement could lead to the creation of two Palestinian entities.
Abraaj Capital, the premier private equity firm specialising in private equity investment in the Middle East, North Africa and South Asia (MENASA) region, announced the acquisition of a strategic stake in Al Nouran Holding, the leading vertically integrated sugar company in Egypt.
BERLIN: The European Union’s German presidency yesterday deplored irregularities and violence during Egypt’s Shura elections earlier this week.
The bloody takeover of Gaza by Hamas was a "coup against legitimacy," Egyptian President Hosni Mubarak said on Saturday, two days before he hosts a regional summit seen as an attempt to isolate the Islamist group.