Zamalek move for Olympic goalkeeper

CAIRO: Zamalek are in talks with second-division Olympic over the transfer of goalkeeper Mahmoud Abdul-Rahim ‘Gennesh’ to the Cairo club this winter. “I will travel to Alexandria to negotiate the…

DNE
DNE

Foreign investor appetite to bolster Egypt in 2011

CAIRO: Investors are likely to pour more funds into Egypt in 2011 as a strengthening economy and attractive yields outweigh a fragile social backdrop and uncertainty ahead of a presidential…

DNE
DNE

Russia’s LUKOIL output falls 1 pct in 2010

Russia's second largest oil producer, LUKOIL, saw its crude oil output fall 1 percent to 96 million tons in 2010 on higher domestic deposit depletion, the company said on Thursday.…

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DNE

Number of Turkish tourists to Egypt up 37.5 pct

The number of Turkish tourists, who visited Egypt, increased 37.5 percent to 64,000 in 2010 when compared to 2009, reported Al-Masry Al- Youm. Egypt's Turkey Tourism Office stated on Thursday…

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DNE

Mido training with Middlesbrough

CAIRO: Free agent Mido surprisingly returned to Middlesbrough's Rockliffe Park headquarters, where he will be training for a while. The Egyptian nomad, who turns 28 next month, has been without…

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DNE

Fitch affirms Egypt’s rating at ‘BB+’; outlook stable

Fitch Ratings has affirmed the Arab Republic of Egypt's long-term foreign currency Issuer Default Rating (IDR) at 'BB+' and long-term local currency IDR at 'BBB-'. Both ratings have Stable Outlooks.…

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DNE

Mark Twain remains censored, and uncensored

  Mark Twain was the kind of man who might tell an off-color joke, then grievously apologize, who wrote stories and essays he knew would offend and kept others private…

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DNE

Al-Wafd freezes memberships of seven dissident MPs until further notice

CAIRO: The High Committee of Al-Wafd party decided to freeze the memberships of the seven dissident MPs who defied the party’s decision to boycott the People’s Assembly (PA) runoff elections…

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DNE

Assessing Egypt’s one-party parliament: Part 2

By Omnia Al Desoukie and Tamim Elyan CAIRO: For political forecasters, the Egyptian political scene in 2011 is not expected to change, with the new parliament set to tighten the…

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DNE

Arabic Booker shortlist makes for rich and varied reading

As the inauguration of the 2011 Cairo International Book Fair approaches, getting up to speed on this year’s top Arabic novels, many of which have been translated into English, is…

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DNE