How could Egypt’s Madinaty land deal row be resolved?
CAIRO: A surprise court ruling that threatens Egyptian real estate firm Talaat Moustafa Group's (TMG) $3 billion flagship development has kindled worries about investing in Egypt's property sector. The High…
Six vie for Wind Hellas, Argo amid bidders: sources
ATHENS/LONDON: A total of six firms have submitted binding bids to buy Greece's cash-strapped telecom Wind Hellas, an official close to the sale process said on Friday. The bidders include…
Free zones export $6.2 bln products
The volume of exports from free zones in Egypt reached $6.2 billion, reported the State Information Service. Chairman of the Egyptian General Authority for Investment and Free Zones (GAFI), Osama…
Sewedy Cables to distribute 30 pct bonus shares
Egypt's El Sewedy Cables said on Sunday it would distribute a dividend of three bonus shares for every 10 held on Oct. 5 to investors holding shares as of Oct.…
Egypt cabinet to meet this week on Madinaty land row
Egypt's cabinet will meet on Wednesday to discuss ways to resolve a dispute over real estate firm Talaat Moustafa Group's (TMG) $3 billion flagship development, the housing minister said in…
IAEA approves Egypt’s nuclear power plant
IAEA inspectors have given the green light for the construction of Egypt’s first nuclear power plant at a site on the Mediterranean coast, west of the city of Alexandria, news…
Sphinx stands witness to renewed pledges, and some old school jokes
CAIRO: Hundreds of Egyptians gathered at the Sphinx on Friday to share millions of cause supporters worldwide in raising their voices against poverty. This served as a reminder to world…
Quickfire David begins world title defense in style
SHARM EL SHEIKH: Nicol David made a rapidly successful start to her bid to equal the record of five World Open titles when she beat Farah Abdel Meguid, one of…
Iran leads nuclear drive in the Middle East
CAIRO: Egypt's plan to build four nuclear powerplants by 2025 underscores the emerging interest in atomic energy across the Middle East, where even oil-rich nations such as Kuwait and the…
Egypt’s youth build new opposition movement
CAIRO: Inside a small apartment tucked away in a middle class Cairo neighborhood, a trainer teaches a dozen volunteers of a budding opposition movement the basics of political organization —…
