Sought-after Soliman helps ENPPI to win over Gaish
CAIRO: ENPPI returned to winning ways after claiming a 2-0 victory over Gaish in the Egyptian Premier League on Saturday. In-form playmaker Walid Soliman, who has been inspirational for ENPPI…
ElBaradei defends tie with Muslim Brotherhood
CAIRO: Egypt's leading democracy advocate defended his alliance with the country's largest but banned Islamist opposition group in an interview broadcast Friday — saying that their ideological differences don't preclude…
Reform needed to improve SME funding
CAIRO: “Access to finance is very important,” said Hanaa El Hilaly, general manager for the Planning and International Cooperation Group in the Social Fund for Development, at the Euromoney conference…
Egypt could become the top outsourcing destination worldwide, says expert
CAIRO: Worldwide demand for outsourcing is tilting towards Egypt as Europe now spends more on outsourcing than North America. According to Denise D’Elia, a Vodafone representative, outsourcing as an industry…
Egypt trains authority mulling bonds, says newspaper
CAIRO: Egypt, the world's largest wheat importer, has bought 240,000 tons of French and Canadian wheat for Dec. 1-10 shipment on a free-on-board basis, the main government wheat buyer said…
Egypt’s Alcotexa sells 8,199 T cotton in past week
CAIRO: Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 8,199 tons of cotton in the week that ended on Oct. 2, an Alcotexa official said on Sunday. The sales…
Egypt 182-day, 91-day T-bills average yield down
CAIRO: The average yield on Egyptian 182-day Treasury bills fell to 9.766 percent at an auction on Sunday, versus 9.936 percent at last week's auction, the Central Bank said. The…
Orascom lifts Egypt index; Mideast markets up
CAIRO: Middle East bourses rose on Sunday, boosted by a rally in global oil and metals prices, which attracted buyers in petrochemical and industrial stocks, and news of possible telecom…
Darwish spreads awareness of draft law aiming to change public sector
CAIRO: A new draft law for public sector employees has been prepared by the Ministry of State for Administrative Development with the aim of targeting employment of the youth, and…
Egypt and Iran to resume direct flights
CAIRO: Egypt and Iran have signed an agreement to resume direct flights between their capitals for the first time since the two nations' diplomatic relations fell apart in 1979. The…