Egypt pound hits 5-yr low vs dollar as investors sell T-bills
CAIRO: Egypt's pound hit a five-year low on Tuesday as investors dumped Egyptian government securities in carry trade moves, with some unnerved as the pressure on the pound was…
Egypt looks to tap volunteer tourism market
CAIRO: In an effort to establish a fairly untapped market in Egypt, the United States Embassy in Cairo has joined with the Ministry of Tourism to launch an initiative to…
Vodafone and Citibank launch joint credit card
* Marc Leut, Aftab Ahmed and Hatem Dowidar. # @ CAIRO: Vodafone and Citibank announced Tuesday the launch of a joint credit card, which allows consumers to take out a…
Palm Hills sees Egypt land deal revamp soon
Egyptian real estate company Palm Hills Developments expects the country will revamp its land allocation laws by end-March in a push to contain a spate of lawsuits against state land…
Minister says LE 1,200 monthly minimum wage ‘unrealistic’
CAIRO: Half of Egyptians spend only LE 500 per month and 12 percent live on LE 11,000 a year, according to Osman Mohamed Osman, Minister of Economic Development and head…
Property group Emaar Misr upbeat for 2011: paper
Property group Emaar Misr expects to hand over 1,800 units to customers in Egypt next year, its general manager was quoted on Wednesday as saying, boosting income at a…
Al-Hadari denies outburst, wants out
By Filgoal.com CAIRO: Zamalek's goalkeeping coach Emad Al-Mandoh says Essam Al-Hadari swore at him for no apparent reason, while the Egypt goalie denied the claim and stressed that he will part…
No club can deny airing derby: ERTU chief
CAIRO: No club can deny airing the Cairo derby live, insists Egyptian Radio and Television Union (ERTU) chief Osama Al-Sheikh. The vehement response comes in the wake of Ahly's official…
Barakat fit for ENPPI game
CAIRO: Ahly midfielder Mohamed Barakat shook off his calf injury in time and was named for Thursday's league match against ENPPI in Cairo. The Red Devils announced on their official…
Discussing economic (and also political) freedom in Cairo
By Ronald Meinardus CAIRO: This year, we are celebrating the twentieth anniversary of the unification of Germany. Apart from bringing unity and freedom to the people of that country, this epochal…
