Bent’s late penalty stuns City
SUNDERLAND: Manchester City's early-season momentum was halted at Sunderland on Sunday as Darren Bent's last-gasp penalty gave the hosts a shock 1-0 win. Bent scored in stoppage-time after being fouled…
Banks vie to fund Egypt’s first nuclear project
A number of local banks plan to amend their credit policies in order meet the requirements to finance Egypt’s first nuclear project in Dabaa, reported Al-Masry Al-Youm. Hassan Abdallah, chief…
OCI sees strong Mideast infrastructure demand
Orascom Construction Industries, the biggest publicly traded builder, said it expects “strong demand” for infrastructure projects in the Middle East, especially after electricity blackouts in the region this month, Bloomberg…
More weapons and tunnels discovered near Gaza border
CAIRO: An additional five weapons’ caches were discovered in Sinai near the Gaza border Sunday — a day after police had seized six caches — and five tunnels beneath the…
Egypt’s Barclays sees 38 pct rise in H1 net profits
Barclays Bank Egypt posted a 38 percent rise in profits, registering LE 175 million compared to LE 126 million during the same period last year, the bank said in…
Egyptian activist nominated to position of UN Special Rapporteur on Torture
CAIRO: The United Nations (UN) Human Rights Council has selected prominent activist Aida Seif El-Dawla among four nominees for the position of the UN Special Rapporteur on Torture, the Egyptian…
Tut-tut: Security problems seen in Egypt’s museums
CAIRO: The Egyptian Museum houses some of the world's prized antiquities, including the gold mask of King Tut that draws millions of tourists a year. But it also has an…
ASCOM says found gold targets in Ethiopia
Egypt's ASEC Company for Mining (ASCOM) said on Sunday it had found two gold mining targets in an Ethiopian concession with enough tonnage and grade potential to suggest an economic…
Getting Egyptological with tour guides
CAIRO/LUXOR: Candlesticks, tobacco and pipes, almond paste, a flag, and a light Cairene donkey-saddle are some of the items a traveler should acquire for a journey in Egypt according to…
6 Somali civilians killed in violence in Mogadishu
NAIROBI: Fighting in Somalia's capital killed at least six civilians on Monday as clashes between Islamist militants and pro-government forces entered a second week. The weak, U.N.-backed Somali government appealed…