Egypt only Arab country not invited to Algiers Book Fair
CAIRO: Algeria decides not to invite Egypt to the upcoming Algiers International Book Fair, raising tension levels between the two countries to a new level. According to Mohamed Saber Arab,…
Geddo eager to break ‘scoring duck’
CAIRO: Ahly forward Geddo is desperate to find the goal that breaks his duck with the Egyptian champions. Geddo has proven to be a goal machine with Egypt, boasting a…
Agent says Meteb dispute nears settlement
CAIRO: Emad Meteb's transfer dispute with Standard Liege will be resolved within 24 hours, the player's agent Nader Shawki said on Wednesday. The Egyptian striker has incurred the wrath of…
Russia’s grain ban showcases Egypt’s love of bread
CAIRO: Russia's temporary ban on grain exports is stirring both political and economic anxiety in Egypt, the world's largest wheat importer where half of the 80 million residents rely on…
Affordable housing market in MENA worth $125 mln
A.T. Kearney has estimated the affordable housing market in the MENA region to be worth as much as $125 million annually. In Saudi Arabia, it is thought there is an…
Egypt’s non-oil exports rise 20 pct y/y in Q2
Egypt's non-oil exports rose 20 percent to LE 29 billion ($5.1 billion) in the second quarter of 2010 compared to a year earlier, the trade ministry said on Thursday. Egypt's…
Experts debate Egyptians’ gloom
CAIRO: Experts differed on whether Egyptians’ happiness depends on the country’s economic and social conditions as they weighed in on a recent study measuring people’s wellbeing around the world. While…
Pioneers shares up in Egypt on GDR talk
Egypt's Pioneers Holding climbed 4.3 percent, rising for the third straight session, on talk the financial services firm may issue global depositary receipts (GDRs) and some speculation about possible expansion…
Egypt investing in broadband infrastructure
CAIRO: Egypt recently allocated $1 billion to invest in broadband internet infrastructure, with the goal of boosting internet subscribers by 4 million come 2014, according to a Euromonitor International report…
Egypt stocks set for limited gains for rest of 2010
CAIRO: Egyptian stocks are set for only modest gains for the rest of 2010, led by telecoms, real estate and banks, as an uncertain political outlook overshadows accelerating economic growth,…