Wafd Party President purchases El-Dostor newspaper, says editor
CAIRO: Businessman and El-Wafd Party president El-Sayed El-Badawy has bought daily independent El-Dostor newspaper, editor-in-chief Ibrahim Eissa told Daily News Egypt Tuesday. Even though Eissa declined to mention the value…
Google eyes growing internet users in Egypt and region
CAIRO: “We are very excited about the kick start of the internet ecosystem in Egypt,” Wael Fakharany, regional manager North Africa for Google, told Daily News Egypt. The number of…
Saudi to ‘spare no effort’ in aid to Pakistan
RIYADH: Saudi Arabia's council of ministers resolved to continue sending aid to flood-stricken Pakistan, the official SPA news agency said Tuesday. "The kingdom will spare no effort in supporting the…
US funds study on Egypt’s pharmaceuticals market
CAIRO: Egypt received a grant of over half a million dollars from the US that will fund a study on how to decrease the price of pharmaceuticals and increase their…
Egypt to issue new cement licenses: cabinet
CAIRO: Egypt will offer new licenses for 12 cement production lines as it aims to boost cement output by 40 percent by 2015, the cabinet said on Monday leaving the…
Marks & Spencer to open first store in egypt
Marks & Spencer will open their first Egypt store within 12 months in the Dandy Mega Mall on the outskirts of Cairo in conjunction with its franchise partner Al Futtaim,…
Spanish aid workers freed by Al-Qaeda return home
BARCELONA: Two Spanish aid workers freed by Al-Qaeda's North African branch returned home Tuesday ending a nine-month hostage drama in the Sahara after millions of euros in ransom were reportedly…
South Valley Cement H1 net profit falls
Egyptian group South Valley Cement posted a 13 percent fall in net profit to LE 78.4 million ($13.8 million) for the first half of 2010, the stock exchange said on…
Egypt and Libya plan $100 mln real estate venture
Egypt and Libya will establish a joint company worth $100 million to oversee the construction of Al-Fatih city, a real estate development on the outskirts of Cairo, Al-Ahram newspaper reported…
Kuwait concerned over Iran’s Bushehr nuclear plant
KUWAIT CITY: Kuwait has expressed safety concerns over Iran's new nuclear reactor on the opposite side of the Gulf, fearing fallout from possible leaks, the official news agency KUNA reported.…
