Iranian agents free kidnapped diplomat
TEHRAN, Iran: Iran's intelligence agents mounted a "complicated" cross-border operation and freed an Iranian diplomat kidnapped in 2008 by gunmen in northwestern Pakistan, state television reported Tuesday. The agents rescued…
Nuclear ambitions, terrorism focus at G8 meet
GATINEAU, Canada: Group of Eight ministers gathered here Tuesday to discuss nuclear proliferation as US Secretary of State Hillary Clinton said China would play a role in efforts to forge…
Egypt seeks doubling exports: Rachid
The establishment of 1,000 new factories which were part of President Hosni Mubarak’s election program have been completed, Trade and Industry Minister Rachid Mohamed Rachid told a symposium held in…
Egypt's Raya 2009 profit dips 23 pct to $7.5 mln
Egypt’s Raya Technology and Communication made a net profit of LE 41.3 million ($7.5 million), down 23 percent on a year earlier, the stock exchange said on Tuesday. The firm,…
Egypt, South Africa agree to boost bilateral cooperation
The foreign ministers of Egypt and South Africa have agreed on several deals to boost cooperation in the fields of health, environment, communications and sports. The agreements were reached during…
CIB push Egypt lower on ex-div trade
Egypt’s main index slipped 0.5 percent as two of its heavyweights, Orascom Construction Industries (OCI) and Commercial International Bank (CIB) traded ex-dividend. OCI declined 0.5 percent and CIB fell 1.5…
SODIC CEO receives the Best CEO of the Year Award
CAIRO: SODIC’s CEO and Managing Director, Maher Maksoud, received the Global Trade Matters-Egyptian Exchange (GTM/EGX) Best CEO of the Year Award. Maksoud accepted the award during the GTM/EGX Fifth Annual…
Insurance industry set for more reforms
CAIRO: Bancassurance, microfinance and the role of the Egyptian Financial Supervisory Authority (EFSA) in regulating non-banking financial services were key topics at a Cairo conference Tuesday. Ziad Bahaa-Eldin, chairman of…
Zamalek request drug inspection
CAIRO: Zamalek are set to make an official request to the Egyptian FA suspecting that some Egyptian Premier League players might be using performance-enhancing drugs. "The Zamalek management, in association…
Gunners ready for Ahly scalp
CAIRO: Zimbabwean champions Gunners have flied to Cairo ahead of the weekend's Champions League encounter with Ahly. The minnows, who have a surprise first-leg lead over the six-time champs, were…
