Soliman given Ismaili vote of confidence
CAIRO: Emad Soliman will stay on as Ismaili coach for next season, the coastal club said on Tuesday. Soliman, who was on the verge of leaving the club, has been…
National Bank of Egypt reports 76 pct increase in net profit
CAIRO: The National Bank of Egypt said its net profits reached LE 1.013 billion for the first half of the fiscal year 2009/2010, a 76 percent increase (LE 438 million)…
I'll serve Zamalek anyway: Hossam Hassan
CAIRO: Zamalek boss Hossam Hassan said he isn’t concerned with renewing his contract with the club as he is ready to offer his assistance for free. Hassan reaffirmed comments from…
Experts discuss ways to promote social innovation among youth
CAIRO: In order to advocate social innovation among the youth, institutions need to change their approach and their definition of the concept, a roundtable discussion held as part of the…
State should allocate 10 pct of budget to healthcare, say activists
CAIRO: State spending on healthcare must increase to 10 percent of next year’s budget, Right to Health activists said during a protest on Tuesday. “Health must be the…
Lawyers reject proposed amendments to syndicate law
CAIRO: “We will seek all possible means to obstruct a proposed law on amending Lawyers’ Syndicate regulations,” Lawyer at Hisham Mubarak Law Center Ahmed Saif told Daily News Egypt Tuesday.…
Sinai Cement posts Q1 net profit of $27.7 mln
CAIRO: Egypt's Sinai Cement posted consolidated net profit of LE 156 million ($27.7 million) in the first quarter of 2010, the stock exchange said on Tuesday. The statement did not…
Egypt 7-day deposits average yield steady at 8.279 pct
CAIRO: The weighted average yield at a 7-day deposit auction was 8.279 percent, compared with 8.276 percent at last week's auction, Egypt's central bank said on Tuesday. The bank had…
Hamas denies reports that Egypt has severed relations with it
CAIRO: Hamas has denied reports emanating from Cairo that Egypt has severed relations with the Islamist group, but stated its objection to recent practices against the blockaded Gaza Strip. Hamas…
Egypt to rule on status of men married to Israelis
CAIRO: A court in Egypt is to rule next month on whether Egyptian men married to Israeli women are to be stripped of their citizenship, a judicial source told AFP…