Egypt played worst game ever, says assistant coach
CAIRO: Egypt's display in their stunning 1-0 defeat by Niger was their worst one ever, assistant coach Hamada Sedki said on Sunday. The Pharaohs were embarrassed by tiny Niger, ranked…
The Federal Reserve’s relevance test
NEW YORK: With interest rates near zero, the US Federal Reserve and other central banks are struggling to remain relevant. The last arrow in their quiver is called quantitative easing…
Ahly’s Ghaly doubtful for Esperance clash
CAIRO: Hossam Ghaly is doubtful for Ahly's clash against Esperance in the second leg of the African Champions League semi final next week after sustaining an injury whilst on international…
New Mandela book offers personal portrait
Nelson Mandela failing classes, fussing over his children, fighting with his wife. This is not the anti-apartheid icon of "Long Walk to Freedom," Mandela's 1995 autobiography. "Conversations with Myself," which…
No more superheroes: Josh Neufeld keeps it real
Comics are not synonymous with superheroes. American cartoonist Josh Neufeld presents an alternative by telling real life stories through the medium of comics. Presenting his latest work “A.D.: New Orleans…
Armless toe pianist wins ‘China’s Got Talent’
A musician who lost both arms in a childhood accident and plays the piano with his toes has won "China's Got Talent," performing his version of James Blunt's wistful love…
Finance ministers cannot solve currency dispute
WASHINGTON: Differences over currency management persisted after a weekend meeting of global finance ministers who left without resolving what to do. They did agree, however, that the 187-nation International Monetary…
Electrolux set to buy Egyptian appliance maker
STOCKHOLM/CAIRO: Sweden's Electrolux has agreed in principle to buy Egypt's Olympic Group, the biggest appliance maker in the Middle East and North Africa, in a push to capture growth in…
Algeria seeks advisers on nationalizing Orascom unit
ALGIERS: Algeria said on Monday it was seeking investment banks and consultancies to advise on a nationalisation of Djezzy, the local unit of Egyptian group Orascom Telecom and its biggest…
SODIC says contracts with government 100 pct codified
Ashraf Farid, head of operations at Six of October Development and Investment (SODIC), said that the company’s lands, which were allocated by direct order from the government, are 100 percent…