Abdul-Fadil reveals ‘unofficial’ Anderlecht talks
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Students say security has the upper hand in universities
CAIRO: Students who were allegedly assaulted by university security in recent weeks gave testimonials to the press at the headquarters of the Foundation of Freedom of Thought and Expression on…
Egypt pound weakens, some cite political jitters
CAIRO: The Egyptian pound weakened on Wednesday to its lowest level against the US dollar since June 2006, as dealers said foreign investors were selling pounds and the central bank…
Zamalek’s Emam backtracks on ‘slap’ complaint
CAIRO: Troubled wing-back Hazem Emam reversed his decision to file a complaint against Zamalek board member Ahmed Refaat for slapping him. Refaat, one of the club icons, astonishingly slapped Emam…
Reda Edward’s purchase of Al-Dostor illegal, says syndicate board member
CAIRO: Businessman Reda Edward’s purchase of daily independent Al-Dostor newspaper is illegal, Journalists’ Syndicate board member Gamal Fahmy told Daily News Egypt on Thursday. “The law regulating companies that publish…
Egyptian, Chinese companies sign 22 agreements worth $250 million
CAIRO: A total of 22 agreements were signed between companies from Egypt and Guangdong, China, with total investments of over $250 million, during a business forum this week. The Egypt-China…
IATA says aviation industry both fragile and vital
CAIRO: The status of the global aviation industry is “both very important and very fragile,” the head of the International Air Transport Association said Wednesday in Cairo. Giovanni Bisignani, director…
Egypt ranked 127 on Press Freedom Index
CAIRO: Reporters without Borders ranked Egypt at 127 on its annual Press Freedom Index, moving it 16 spots from its 143 ranking last year. The Press Freedom Index is an…
Citadel to consolidate after fast growth
CAIRO: Egyptian private equity firm Citadel Capital has begun consolidating its businesses after spurts of rapid growth, yet still plans an initial public offering (IPO) of one of its companies,…
NBE mulls PPP for Rod El-Farag Corridor
Officials from the Ministry of Finance Public Private Partnership (PPP) Unit and the National Bank of Egypt are meeting this week to arrange LE 4.5 billion financing needed for the…
