Maridive Q2 profit hit by sluggish oil sector
Egyptian group Maridive and Oil Services posted second-quarter net profit below forecasts as it suffered from a continued oil industry downturn. The biggest oil services company in the Middle East…
Oriental Weavers quarterly profit drops
Oriental Weavers, the world's largest maker of machine-woven carpets, posted a 6 percent drop in second-quarter net profit, as a fall in cash from a government stimulus program offset sales…
Orascom Tel says not party to any Vimpelcom talks
Egyptian mobile firm Orascom Telecom said on Thursday it was not party to any discussions with telecoms group Vimpelcom, responding to inquiries from the bourse, a stock exchange statement said.…
Yes You Can: A sense of belonging
It is very strange how people behave to fulfill their sense of belongingness, it makes us followers without being conscious that we follow without any reason other than to feel…
The cholesterol-statin conundrum
Have you heard your doctor speaking of statins, cholesterol reducing drugs, as if they were a universal panacea and a harmless substance? For several years now statins have been prescribed…
Elvis Week hits stride as buyout talks heat up
Elvis Presley is in play. CKx Inc., owner of the "American Idol" television program and 85 percent of Elvis Presley Enterprises, is mulling at least two offers to buy the…
Algerian surprise for Abou-Trika
CAIRO: Ahly and Egypt star Mohamed Abou-Trika will receive a special welcome when he visits Algeria this weekend, according to JS Kabylie chairman Mohand Cherif Hannachi. After excelling for Egypt…
Anderlecht demand Shikabala’s ITC
CAIRO: Anderlecht demanded that the Egyptian FA send them the International Transfer Certificate (ITC) of Zamalek winger Shikabala although the Cairo club said they would hold on to him. The…
Egypt turn on style to crush DR Congo
CAIRO: Debutant Ahmed Ali scored twice as Egypt cruised to an easy 6-3 victory over DR Congo in a friendly game at a near-empty Cairo Stadium on Wednesday. Despite committing…
Frenchman Neveu appointed Smouha coach
PARIS: Frenchman Patrice Neveu, who left his job as DR Congo coach in April, told AFP on Wednesday that he has signed a 12-month contract with newly-promoted Egyptian first division…
