Credit Agricole Egypt denies giving El Wadi loan
Credit Agricole Egypt denied on Wednesday an Egyptian newspaper report it had agreed to lend El Wadi Cement €150 million ($183.5 million) to help it build a cement plant…
Palm Hills, developers study bids for Cairo land
Egyptian real estate firm Palm Hills Developments aims to bid on 410 feddans (426 acres) of land due to be sold next month in the Cairo suburb of Sheikh Zayed…
ENPPI accept new Sunderland bid for Al-Muhammadi
CAIRO: ENPPI and Sunderland have finally reached an agreement over a summer deal that will see Ahmed Al-Muhammadi move to the Stadium of Light, the Petroleum side stated. "We have…
Thousands of Aswan flood victims still awaiting compensation
CAIRO: More than five months after flash floods hit the southern Egyptian governorate of Aswan and destroyed hundreds of homes, thousands of flood victims are still without proper shelter, they…
Disciplinary Board lays off three judges for committing violations
CAIRO: One judge and two chairmen of courts were relieved from their duties for committing legal violations and acts that are offensive to the judiciary, vice chairman of Cassation Court…
IFC invests in Egyptian Refining Company
The International Finance Corporation will invest $120 million in Egyptian Refining Company, which will be used to build a $3.7 billion hydro-cracking and coking refinery. The new refinery…
Appeals Court Chairman back-peddles on dissolving judicial district 119, says judge
CAIRO: The Appeals Court chairman has rescinded his decision to dissolve judicial district 119, Vice Chairman of Cassation Court Ahmed Mekky told Daily News Egypt Wednesday. Earlier last week, the…
Popular South Korean actor-singer commits suicide
A popular South Korean actor and singer killed himself Wednesday in distress over career pressures while caring for his terminally ill father, police said, the latest in a string…
Egypt index slips, big caps lead
CARO: Egypt's main index EGX30 succumbed to a global equities sell-off, extending its declines into a seventh session, with big caps leading. Commercial International Bank (CIB) shed 2.1 percent, and…
Here's the Hitch: Hitchens writes a memoir
The coffee is strong, the wine a dry red poured from a tall, swanlike beaker. On a sunny afternoon at his apartment near Dupont Circle, Christopher Hitchens holds up…
