Court rules to nullify Talaat Moustafa land deal
CAIRO: An Egyptian court ruled on Tuesday to nullify the sale of government land to Talaat Moustafa Group, Egypt's biggest listed developer, for its mixed-use Medinaty project on the outskirts…
Hip hop connects: A fresh take on dialogue
In the hazy heat of a Cairo summer night, the rumbling of Egyptian hip hop band Y-crew taking the stage rouses the crowd gathered riverside at Sawy Culture Wheel last…
Shootout at Al-Oja border crossing road leads to its closure
CAIRO: A shootout on the road leading to Al-Oja crossing in Sinai on Monday between security forces and armed Bedouins caused injuries to at least two passersby. After security forces…
No action taken against 'shoot'em MP' yet, says ANHRI
CAIRO: No legal action has yet been taken against MP Nashaat El-Qassass who called for shooting protesters about two months ago, Arabic Network for Human Rights Information (ANHRI) director Gamal…
Platform responsible for Red Sea oil spill to be revealed Tuesday
CAIRO: Oil fingerprints from the platform responsible for the recent oil spill on the Red Sea coast of Hurghada will be revealed Tuesday morning to identify the responsible entity. “We…
Glass industry to see growth as demand rises
CAIRO: Egypt’s glass industry is set to see stronger gains as domestic demand rises and export opportunities are seized, said Sphinx Glass managing director Mohamed Khattab in a statement. Ahead…
EU sees solar power imported from Sahara in 5 yrs
ALGIERS: Europe will import its first solar-generated electricity from North Africa within the next five years, European Energy Commissioner Guenther Oettinger said in an interview on Sunday. The European Union…
Telecom Egypt backs dividend, still eyes mobile
Telecom Egypt will pay a LE 0.55 dividend for 2009, after earlier distributing LE 0.75, the company said on Sunday, putting on hold any immediate plans to expand in mobile.…
FIHC to build $211 mln sugar refinery: paper
Egypt's state-owned Food Industries Holding Company (FIHC) received offers from German and Japanese company's to build a LE 1.2 billion sugar refinery, a newspaper reported on Monday. FIHC said it…
Maridive to build two vessels in China
Egypt's Maridive and Oil Services said on Monday it won contracts to build two vessels in a Chinese shipyard and had cancelled two jobs in India. The oil services firm,…