Egypt firm buys Saudi stake in retailer Effendi
CAIRO: Egypt's Arabiyya Lel Estithmaraat bought an 85 percent stake in the historic Omar Effendi department store chain, the private investment firm's chairman said on Thursday. Mohamed Metwalli gave no…
For Egypt investors, growth trumps political risks
CAIRO: Sprightly economic growth is keeping foreign investors upbeat on Egypt, outweighing uncertainty over the future leadership and concerns that soaring food prices could cause unrest. Inflows of foreign cash…
Al-Dostor journalists fired for missing work, says Edward
CAIRO: Several Al-Dostor journalists were fired on Thursday, which the independent daily’s owner says was due to missing work for a number of days surpassing that which is legally permitted.…
Healthcare private and public partnerships improving, say experts
CAIRO: Healthcare partnerships between the public and the private sectors in Egypt has improved dramatically over the past few years, a conference concluded Wednesday, urging both sectors to capitalize on…
Brotherhood: Egypt regime aims to rig vote
CAIRO: The leader of the Muslim Brotherhood, Egypt's largest opposition movement, accused the regime of monopolizing power through vote rigging and vowed to rally Egyptians to prevent fraud in upcoming…
Electoral process, media regulations announced for PA elections
CAIRO: Regulations for public media coverage guidelines and the electoral process of the People’s Assembly elections taking place in November were announced by the Ministry of Information and the Supreme…
Contractors hold onto young Pharaohs
CAIRO: Arab Contractors said they intend to hold onto Mohamed Al-Nenni, Mohamed Salah and Ali Fathi after the trio helped Egypt reach the African Youth Championship earlier this week. "We…
Zamalek set four conditions to sell Shikabala
CAIRO: Zamalek have set four complicated conditions that would convince them to sell hotshot Shikabala in the winter break. The midfield wizard has been the Whites most wanted player of…
Geddo set to continue in unfamiliar role
CAIRO: Ahly are likely to continue relying on Mohamed Nagui ‘Geddo’ as a lone striker when they face ENPPI in next week's Egyptian Premier League game. Geddo, a natural deep-lying…
Maradona eyes Premier League coaching role
LONDON: Argentina football legend Diego Maradona has revealed his desire to manage in the English Premier League. Maradona is seeking a new challenge after parting company with the Argentina national…
