Egypt, Iraq sales lift GB Auto’s Q3 net profit
Egypt's GB Auto said on Monday its third-quarter net profit rose 11.4 percent year-on-year, bolstered by higher passenger car sales in its home market and in Iraq. The firm, Egypt's…
Palm Hills Q3 sales jump, boosting net profit
Palm Hills Developments' (PHD) posted a 53 percent jump in third quarter sales, driven partly by luxury home developments on Egypt's north coast, the property company said on Monday. Sales…
Orascom Telecom not revising Vimpelcom sale plan
Egypt's Orascom Telecom is not revising its $6.6 billion plan to sell assets to Russia's Vimpelcom to exclude its Algerian unit, the company's chairman said on Tuesday. Egyptian billionaire Naguib…
ICLD workers entitled to LE 400 minimum wage, says NGO
CAIRO: Information Center for Local Development (ICLD) workers are entitled to receive the recently set LE 400 minimum monthly wage, according to the Egyptian Center for Economic and Social Rights…
Sharp jump in Africans sneaking into Israel
JERUSALEM: Rising numbers of African economic migrants and asylum seekers have been slipping into Israel this year from Egypt, an Israeli Interior Ministry official said Monday. They appear to be…
Kewell, Cahill in Australian squad to play Egypt
SYDNEY: Australian coach Hoger Osieck has named overseas-based stars Harry Kewell, Tim Cahill and Mark Schwarzer in a strong 20-man squad to play Egypt in a Nov. 17 friendly at…
Tajikistan withdraws students from Egypt, says official
DUSHANBE: Tajikistan on Tuesday said it had successfully repatriated more than 100 students who had been studying illegally in Egypt as part of a government drive to limit the influence…
Parcel bomb plot showcases Qaeda in Yemen’s skill, say analysts
DOHA: In sending parcel bombs from Yemen to the United States, Al-Qaeda's Yemen-based branch has demonstrated an extraordinary sense of innovation and adaptation to international security measures, experts say. Two…
Israel PM tells UN of pull out from Lebanon border village
UNITED NATIONS: Prime Minister Benjamin Netanyahu told the UN leader on Monday of an Israeli plan to withdraw troops from part of a disputed village on the Lebanese border and…
Kadhafi orders release of 20 detained journalists
TRIPOLI: Veteran Libyan leader Moamer Kadhafi has ordered the release of 20 journalists working for titles close to his reformist son, who were arrested amid a mounting backlash from conservatives,…