Four African countries sign new Nile treaty
ENTEBBE: Four African countries on Friday signed a new treaty on the equitable sharing of the Nile waters despite strong opposition from Egypt and Sudan who have the lion's share…
Eviction of slum in Port Said sheds light on catastrophic housing situation in Egypt
CAIRO: Residents of Zerzara, a slum in Port Said, were caught off guard as bulldozers began to destroy 15 houses in the neighborhood on May 4. Without prior notice, the…
Zamalek secure second-place finish
CAIRO: Zamalek guaranteed that they will finish the season as the Egyptian Premier League runners-up after beating relegated side Asyut Petroleum 4-1 on Thursday. Having cemented their place in second…
Suez Cement Q1 profit falls, sales up
Egypt's largest listed cement firm, Suez Cement, posted an 8.4 percent fall in first-quarter net profit but net consolidated sales rose, boosted by a buoyant construction sector. The firm, a…
Eipico Q1 net up 17 pct, says bourse
Egyptian International Pharmaceutical Industries Co (Eipico) posted a 17 percent rise in first quarter net profit to LE 93.5 million ($16.69 million), the stock exchange said on Thursday. Net profit…
Sidi Kerir Q1 net profit rises 53 percent
Sidi Kerir Petrochemicals Q1 net profit rose 53 percent to LE 214 million ($38.19 million), the stock exchange said on Thursday. Net profit was LE 140 million in the same…
Pachin 9 says, month net profit jumps 93 percent
Egyptian paint maker Pachin's 9 month net profit soared 93 percent to LE 114.1 million ($20.36 million), the stock exchange said on Thursday. Net profit was LE 59.1 million a…
Quartet make Ahly debut in Gouna stalemate
CAIRO: Four youngsters featured for Ahly's senior team for the first time in Thursday's goalless draw with Gouna in the Egyptian Premier League. Ahly, who have won their 35th league…
Kabo 9-month net loss at LE 6.9 mln
Egyptian garment maker El Nasr Clothing & Textile Co. (Kabo) reported a net loss of LE 6.9 million ($1.23 million) for the nine months to end-March, the stock exchange said…
Raya Q1 net profit more than triples
Egypt's Raya Technology and Communication made a net profit of LE 11.9 million ($2.1 million) in the first quarter of 2010, more than triple the year-ago quarter, the bourse said…
