Alcotexa sells 906 T cotton in past week
CAIRO: Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 906 tons of cotton in the week that ended on July 3, an Alcotexa official told Reuters on Sunday. The…
Mobinil signs off on purchase of OT internet
CAIRO: Mobinil shareholders approved the $130-million purchase of two internet assets from major shareholder Orascom Telecom on Saturday. The purchase finalizes a deal made possible by an ownership pact reached…
Egypt closes bid on cement licenses on weak offers
CAIRO: Egypt's Industrial Authority closed a bid for two cement production licenses on Thursday as the one offer it received failed to meet its requirements, the authority's head said on…
BP could get backing from MEast financial firms, says paper
DUBAI: Troubled oil giant BP could get a reprieve from Middle East financial institutions looking to make a strategic investment in the company, a UAE-based newspaper reported on Sunday, citing…
UN nuclear agency’s top inspector resigns
VIENNA: The UN nuclear agency said on Thursday its top inspector Olli Heinonen, head of investigations into Iran and Syria, has resigned for personal reasons after nearly 30 years at…
Ismaili hand trial to Wales U-19 striker
CAIRO: Ismaili have taken Wales U-19 striker Kayne McLaggon on trial as they seek to bolster an unproductive frontline. McLaggon could join the Egyptian Premier League club on a free…
New UN body likely to promote women’s equality
UNITED NATIONS: The UN General Assembly reached an "informal agreement" to establish a single UN body with greater clout to promote equality for women, a UN official said Thursday.…
Frustration in Gaza at ‘bursting point’ says UN official
TOKYO: Frustration among refugees in Gaza has reached "bursting point" with further unrest likely unless Israel lifts its blockade against them immediately, the head of a UN aid body said…
Al-Hadari seals Zamalek deal
CAIRO: Egypt shot-stopper Essam Al-Hadari has joined Zamalek from Ismail on a three-year deal for an undisclosed fee, to put an end to speculations over his future. "I penned a…
Egypt arrests eight Muslim Brotherhood members
By Reuters CAIRO: Egyptian security forces arrested eight members of the Muslim Brotherhood on Thursday after searching their homes and confiscating their computers, CDs and books, a spokesman for the…
