Wadi goes fishing in Egypt’s desert
CAIRO: A marine fish farm in the middle of the desert? It’s possible. Mahmoud Shokry Asfoor, an aquaculturalist at the Wadi Natroun fish farm, says it may even be the…
Offices to mediate marital disputes pro bono, says minister
CAIRO: Minister of Justice Mamdouh Marei announced last week that the family courts’ Office of Dispute Settlement (ODS) will offer services to mediate between married couples for free. The ODS…
Egypt housing project on track for 500,000 units
CAIRO: A state project aiming to ease Egypt's housing shortage is on track to meet or exceed its goal of providing half a million homes by the end of next…
Euromoney Conference to tackle policy, strategy
The annual Euromoney Egypt Conference will take place September 28-29 in Cairo, and will serve as a platform for policy and strategy announcements under the title “Investing to Compete: Competing…
Piraeus renames investment fund manger|
Fenex Kato for Investment Funds Management, which manages the shares of Piraeus Bank’s investment fund, was renamed Piraeus-Egypt for Securities Portfolio and Investment Funds Management, the bank said in a…
Beltone starts technical analysis traded equity fund
Cairo-based investment bank Beltone Financial will put LE 5 million ($880,000) into a new open-ended equity fund that will make investments relying only on technical analysis, Bloomberg reported. With LE…
Ezz Steel Q2 net jumps, beats forecasts
Egypt's Ezz Steel said on Thursday its second-quarter net profit more than tripled and forecast that growing global demand for steel would push prices higher in the second half of…
Vimpelcom to discuss Orascom purchase: paper
Russian telecoms group Vimpelcom Lt will discuss on Thursday the possible purchase of a stake in Egyptian group Orascom Telecom, the business daily Vedomosti reported. The newspaper, citing sources close…
Opposition figures file complaint against exporting gas to Israel
CAIRO: Former ambassador Ibrahim Yousry and other opposition figures filed a complaint to the Prosecutor General on Wednesday, demanding a stop to the export of gas to Israel at low…
We deserved to be blamed: Zamalek winger
CAIRO: Zamalek right-back Omar Gaber admitted putting in a below-par performance against ENPPI in the Egyptian Premier League on Tuesday. The Whites took a stranglehold on the game in the…