France steps up pledge to combat world poverty
UNITED NATIONS: The 10-year-old promise to lift the world's poorest is unfulfilled and with world economies clawing back from the worst recession since World War II, the French president and…
Aboul Seba’ workers protest unpaid wages
CAIRO: Workers at Mahalla’s Aboul Seba’ textile factory are again demonstrating over unpaid wages. Aboul Seba’ worker El-Sayed Rizq El-Shishtawy told Daily News Egypt that workers have been on unpaid…
Power struggle inside NDP over PA nominations, says report
CAIRO: A recent report pointed to a power struggle inside the ruling National Democratic Party (NDP) over nominations for the upcoming People’s Assembly (PA) elections taking place this November. The…
Egypt, Saudi Arabia establish first women’s security center in Mideast
CAIRO: Egypt and Saudi Arabia are joining forces to launch the first women’s security center in the region, offering training for female security guards. Princess Basma Bint Saud…
Ismaili to sign Heartland striker
CAIRO: Nigerian striker John Owoeri will join Ismaili from Heartland in January, Dervishes chairman Nassr Aboul-Hassan confirmed. "We reached a three-year contract agreement with Owoeri. He will join us in…
Austerity measures reduced Greek debt by 32 pct: Ambassador
CAIRO: Austerity measures implemented by the Greek government have been demonstrating positive results, with public debt cut by 32 percent as of August, an official said Monday. “Public expenditures have…
Egypt FDI likely at $8 bln 2010/11: minister
CAIRO: Foreign direct investment (FDI) in Egypt is likely to rise to at least $8 billion in 2010/11, Investment Minister Mahmoud Mohieldin said on Monday, adding that investors should not…
Ramzy suspended for TV appearance
CAIRO: The Egyptian FA announced that Olympic team manager Hani Ramzy will be suspended for appearing on a TV show with Nile Sport. The former Egypt defender was hosted by…
Egypt government sees no repeat of TMG dispute
CAIRO: Egypt's government will protect investors exposed to a dispute over a sale of state land to Talaat Moustafa Group (TMG) and ensure similar cases do not occur in future,…
Rebar demand to reach 10.5 mln tons in 2017
Egypt's Ministry of Trade and Industry estimates that annual demand for rebar in Egypt will reach 10.5 million tons by 2017, reported Arab Steel. Egypt's current annual rebar production capacity…
