Talaat Moustafa wins permit for Saudi project
Egypt's largest listed developer Talaat Moustafa Group said on Monday it had won approval to sell homes off-plan, or before construction, in its Nasamat Al Riyadh project in Saudi Arabia.…
Malaysia's former PM shares secrets to building a successful nation
CAIRO: In a lecture delivered via web conference at the American University in Cairo Thursday, Tun Dr. Mahathir bin Mohamad, the former and longest-serving prime minister of Malaysia, wasn’t surprised…
Electoral committee begins vetting Shoura Council candidates
CAIRO: The Supreme Electoral Commission overseeing the upcoming Shoura Council elections began the vetting process Monday for the applications of potential candidates. Chairman of the commission Intisar Nessim, who is…
Egypt rebounds, tracking Europe
CAIRO: Egypt's main index rebounded 3.2 percent, led by Orascom Telecom, after falling on Sunday by its biggest daily amount in five months. The index closed at 6,975 points. Traders…
Suez Canal annual revenues up in April
CAIRO: Egypt reported an increase in Suez Canal revenues in April, reaching $374.9 million, which according to the canal authority spokesman is an indicator of a global economic recovery. “The…
The trial of activist Abu Doma is postponed until May 15
CAIRO: The Qasr El Nil Misdemeanor Court on Saturday postponed the trial of activist Ahmed Saad Abu Doma to May 15. Abu Doma, who claims he was tortured, is to…
Algeria says talks started with Orascom executives
ALGIERS: Algerian officials are in contact with the local unit of Egyptian operator Orascom Telecom and the next step is to talk to the firm's top executives, Algeria's telecommunications minister…
Israel to continue Jerusalem settlements
JERUSALEM: One day after the formal launch of peace talks, Israel insisted on Monday it had no plan to halt construction of settler homes in east Jerusalem, a major hurdle…
Egypt's annual inflation falls to 11.3 pct in April
CAIRO: Egypt’s annual headline inflation declined to 11.3 percent in April 2010, from 12.2 percent in March, as the annual change in food prices, clothing, furniture, transportation and hospitality costs…
Ahly, Zamalek approach Ismaili's Salem
CAIRO: Cairo duo Ahly and Zamalek have launched bids to sign Ismaili defender Moatasem Salem in the close season. "Ahly and Zamalek are both interested in Salem's services," Ismaili assistant…