GM says IPO will not effect Egypt company
General Motors Company commenced this week a $13 billion public offering, but the move “does not have any bearing on the legal/financial structure of GM Egypt,” the firm said in…
Hassan points finger at Egypt managers
CAIRO: Zamalek coach Hossam Hassan has accused national team coaches Hassan Shehata and Hani Ramzy of 'insulting' his players. Hassan claims that Olympic team manager Ramzy used foul language against…
Al-Badri quits Ahly
CAIRO: Hossam Al-Badri has officially quit his job as Ahly manager following Sunday's league defeat at Ismaili. Al-Badri told his players about his decision after the 3-1 defeat as Ahly…
Egypt denies Mubarak made Iraq WMD claim
CAIRO: Egypt has “categorically denied” claims made by former US President George Bush in his memoir “Decision Points” that President Hosni Mubarak had said Saddam Hussein possessed WMD. Egypt denied…
Silatech index highlights challenge of ‘waithood’ for young Egyptians
By Mohamed Younis After completing their education, many young people throughout the Middle East and North Africa (MENA) region spend a considerable amount of time attaining the financial means to establish…
Road accident in south Egypt kills 14
ASSIUT: A truck and a minibus collided in southern Egypt, killing 14 people and injuring eight, the provincial governor said Monday. The driver of the minibus lost control because he…
Meet the players: The National Democratic Party (NDP)
CAIRO: Led by President Hosni Mubarak, the National Democratic Party (NDP) is the ruling party in Egypt, occupying the majority of seats in the People’s Assembly (the lower house…
Israel to begin work on Egypt barrier
JERUSALEM: Israel is to begin work on building a huge barrier along its southern border with Egypt on Monday in a bid to curb the entry of illegal immigrants, the…
Attorney General denies ending investigation into Ahmed Shaaban’s death
By Heba Afify and Mohamed Effat CAIRO: The Attorney General of the Alexandria Appeals Prosecution denied media reports that the investigation into the death of 19-year-old Ahmed Shaaban was closed. The…
Turkey, Egypt to sign deal for closer ties
ANKARA: Turkey and Egypt will set up a "high-level strategic cooperation council" aimed at boosting bilateral political consultations and economic ties, Turkey's foreign minister said Monday. "We hope to sign…