Egypt 182-day T-bills yield steady at 10.5 pct
CAIRO: The average yield on Egyptian 182-day Treasury bills was steady at 10.5 percent at an auction on Sunday versus 10.499 percent at last week's auction. The central bank accepted…
Mido poised for Kayserispor move, say reports
CAIRO: Middlesbrough striker Ahmed “Mido” Hossam is poised to join Turkish club Kayserispor starting next season, according to media reports. Few days ago, the towering player told FilGoal.com that a…
InterCon Chefs
Eleven of Semiramis InterContinental talented chefs participated in the National Salon Culinary competition that took place recently at Intercontinental City Stars. The hotel chefs managed to win different prizes through…
Egypt index slips in sleepy trade
CAIRO: The main Egyptian index, EGX30, closed down 1.2 percent in low volumes, weighed by global slippage on Friday. Talaat Moustafa slipped 2.6 percent and Orascom Telecom ended 1.2 percent…
Suicide attacks kill at least 48 in Iraq
BAGHDAD: Twin suicide bombings killed 48 people on Sunday, including dozens from a government-backed, anti-Al-Qaeda militia who were lined up to get their paychecks near a military base southwest of…
Occidental, Pertamina mull Sonangol’s Iraq deals
BAGHDAD: US oil major Occidental Petroleum Corp and Indonesian state oil firm Pertamina have shown an interest in taking a stake in Sonangol's two Iraqi oilfield development projects, a company…
Iran floats idea of using UAE dirhams in oil trade
DUBAI: Iran may seek payment for its oil exports to Europe in UAE dirhams rather than euros because tougher EU sanctions could block Iranian transactions in the single European currency,…
IMF sees Jordan GDP growth at 3.5 percent in 2010
AMMAN: The International Monetary Fund (IMF) forecasts Jordan's economic growth at 3.5 percent this year but rising in 2011 as its economy recovers from the impact of the global downturn,…
INTERVIEW: Switching from loose to packaged milk key to unlocking Egyptian market, says Tetra Pak
CAIRO: “For us, the proof of the pudding of our success here in the Egyptian market and around the world in general, is conversion from consumption of loose milk to…
Lawyer demands equality between all converts
CAIRO: A lawyer representing a man who converted from Islam to Christianity told Daily News Egypt Sunday that he plans to initiate a legal case demanding equality between all converts.…