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…

Omar AbdelAziz

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)…

Daily News Egypt Authors

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…

Omar AbdelAziz

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…

Safaa Abdoun

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…

Sarah Carr

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.…

Marwa Al-A’sar

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…

Reuters

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…

Reuters

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…

Abdel-Rahman Hussein

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…

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