Egypt best in Africa, Spain tops world rankings; Portugal, England rise
ZURICH: Egypt is the best African nation in football's latest world rankings released Wednesday at No. 14. Spain retained top spot in FIFA's monthly rankings table, while Portugal and England…
Ahmed Hassan unhappy at Zamalek's doping implications
CAIRO: Ahly veteran Ahmed Hassan expressed his dismay at Zamalek's recent implications that some Egyptian league teams use performance-enhancing drugs. Zamalek issued an official request to the Egyptian FA asking…
Al-Hadari pulls out of Reunion trip
CAIRO: Ismaili will once again be without Essam Al-Hadari when they face Tamponnaise of Reunion in the CAF Champions League on Sunday. "Al-Hadari asked to be dropped because he wants…
Zaki to miss Stoke clash
CAIRO: Hull City will once again miss Amr Zaki when they face Stoke City on Saturday as the Egyptian has yet to recover from injury. Zaki sustained a knee injury…
Experts track insurance trends at Euromoney conference
CAIRO: The second annual Egypt Insurance Conference organized by Euromoney echoed with the refrain, “Egypt’s insurance industry has made huge progress, yet much remains to be done.” But spouting figures…
Russian exporters to pay extra to honor grain deals
MOSCOW: Russian analysts said on Monday some exporters are having trouble buying grain to honor urgent contracts, including deals with top buyer Egypt, but Cairo and shippers said there is…
Orascom to buy Dutch farming, building firms
Egyptian group Orascom Construction Industries (OCI) is to buy two Dutch companies for €310 million ($418 million) to expand its fertilizer business, Orascom said on Tuesday. “The acquisition of DSM…
Lecico to tap Egypt’s brassware market in JV
Egyptian ceramics firm Lecico will build a brassware factory at a cost of LE 16.5 million ($3 million), of which it has already spent about three-quarters, it said in a…
Vale ends iron ore year-long agreements
Vale SA, the world’s largest iron ore producer, and BHP Biliton Ltd, the world’s third largest producer, ended a 40-year system of setting annual prices by signing short term contracts…
Maridive to distribute 20 pct bonus share
Maridive and Oil Services approved a dividend of one bonus share for every five held, a move that will boost its capital 20 percent to finance expansion, officials said on…