Algerian gov’t brings financial consultant on board in Orascom-Djezzy sale
CAIRO: The Algerian government has hired a financial consultant in the sale of Djezzy, Orascom Telecom’s local outfit, reported the Algerian newspaper Ennahar. The local paper explained that Karim Djoudi,…
Hodoud salvage point at Zanaco
CAIRO: Harras Hodoud came from behind to salvage a 1-1 draw at Zambia's Zanaco in the CAF Confederation Cup on Saturday. Mathews Macha put the hosts ahead shortly after the…
Masri, ENPPI stumble after upsetting Cairo duo
CAIRO: Masri and ENPPI, who caused upsets against Cairo duo Ahly and Zamalek last week, were held to draws by Ittihad and Smouha respectively in the Egyptian Premier League on…
Yasser boycotts Zamalek training
CAIRO: Hussein Yasser decided to take no part in Zamalek's training to force the Cairo club to offer him an improved contract. The Qatar forward already missed Friday's session before…
Ibrahim Hassan unhappy with league stoppage
CAIRO: Zamalek's football director Ibrahim Hassan believes that the Egyptian Premier League stoppage will negatively affect his side. "The league stoppage won't benefit Zamalek. It would have been better if…
ANALYSIS – Mideast talks: fast clock, big hurdles
WASHINGTON: US-sponsored talks between Israel and the Palestinians begin Wednesday with a goal to fast-track a peace deal inside one year, an ambitious schedule even under the best of circumstances.…
Talaat Moustafa leads Egypt stock index higher; market closes in the red
Shares in Egypt's Talaat Moustafa Group led Egypt benchmark index higher after an investigation on its Madinaty land deal case was shelved, traders said, although a court case on the…
Egypt’s Golden Pyramids scraps S.Valley takeover
CAIRO: Shareholders in Golden Pyramids Plaza, owner of the City-Stars mega-mall in Cairo, have rejected a share swap with South Valley Cement, putting an end to their planned merger, Golden…
Egypt 182-day, 91-day T-bills yield steady
CAIRO: The average yield on Egyptian 182-day Treasury bills was 10.084 percent at an auction on Sunday versus 10.086 percent at last week's auction, Central Bank said. The central bank…
Egypt 364-day T-bill avg yield rises to 10.503 pct
CAIRO: The average yield on Egyptian 364-day treasury bills rose slightly to 10.503 percent at an auction on Thursday from 10.380 percent at the last auction on Aug. 5. The…