Egypt bars Jordanian activists from reaching Gaza
AMMAN: A group of Jordanian trade unionists urged Egypt on Tuesday to grant them entry into the Gaza Strip through the Rafah crossing to show solidarity with the blockaded Palestinian…
P&G to invest $140 mln in Egypt expansion
CAIRO: Procter & Gamble plans to invest over LE 780 million ($140 million) over the next three years in expanding its Egypt operations, officials said. Speaking at the…
Court rules against Talaat Moustafa land deal
CAIRO: An Egyptian court ruled against the sale of government land to Talaat Moustafa Group, Egypt's biggest listed developer, but the government vowed to appeal and said building on…
Russian wheat price pressures others: GASC
CAIRO: Egypt's main wheat buyer said on Monday Russian prices were putting pressure on French and US suppliers and the world's biggest wheat importer was keen to seek out…
Egypt index dips, TMG gains slightly
CAIRO: Negative global sentiment pushed Egypt's main index down 2.2 percent, with all the market's big caps registering losses except for developer Talaat Moustafa Group. Talaat Moustafa gained 0.5 percent,…
Air Arabia Egypt flies to Beirut
Low cost-carrier Air Arabia will begin services to Beirut, Lebanon, from its third hub in Alexandria starting July 1, according to a statement. Roundtrip flights to Air Arabia…
SODIC teams up with Mobica
Real estate developer SODIC reached an agreement with Mobica, Egypt's largest manufacturer/retailer of office furniture, to develop its headquarters and a showroom in Westown, the company said. Mobica is acquiring…
Journalists Without Rights launches petition to sack syndicate chief
CAIRO: Journalists Without Rights group started on Tuesday gathering signatures from members of the Journalists' Syndicate in a bid to dismiss the head of the syndicate Makram Mohamed Ahmed. The…
Egypt to auction land in Sheikh Zayed
The Urban Communities Authority will auction 1.7 million square meters (410 feddans) of land next month in Sheikh Zayed at Sixth of October City. The land was withdrawn from a…
Egypt will not reissue El Wadi Cement's license: IDA
El Wadi Cement will not be reissued a cement license after the country's Industrial Development Authority (IDA) said it wanted to open up the region's booming construction sector to…