OCI to partner with HIL on India bids
CAIRO: Orascom Construction Industries (OCI), Egypt’s biggest listed builder, signed an MOU with India’s HCC Infrastructure Limited (HIL) to form a partnership to pursue infrastructure projects in India. …
Ten companies qualify for public-private thermal power plant
Ten local and foreign companies and consortiums, out of 19, have qualified for the establishment of the first thermal energy power plant in Egypt, with investments of $1.5 billion, under…
Seven trade zones, logistical centers worth LE 10 bln
Ministry of Trade and Industry officials announced the commencement of the first phase of the development of seven trade zones and logistical centers between the private sector and the government…
Air Arabia eyes fourth hub in Amman
Regional low-cost carrier Air Arabia will form a joint venture with Tantash Group, an Amman-based investment company, to launch Jordan’s first low-cost carrier. Air Arabia Jordan will provide…
Centamin Egypt ups resource estimates for Sukari
Centamin Egypt Ltd raised its estimated gold resources at its flagship Sukari gold project, lifting the miner's shares to a record high. Measured and indicated resource estimates were increased by…
Raya to build data center near Cairo
Egypt's Raya Holding has agreed to build New York-based technology firm GPX Global Systems Inc's second data center in Egypt, the two firms said on Tuesday. The center, to be…
Lawyers on strike Tuesday to protest 'unjust' detention of colleagues
CAIRO: Lawyers staged a national strike on Tuesday after two lawyers involved in an altercation with a district attorney were held on remand for four days. El-Sayyed El-Feqy, a lawyer…
Ismaili land former Ahly captain
CAIRO: Veteran defender Shadi Mohamed has joined Ismaili on a two-year contract from Ittihad. "I am proud to announce that I joined Ismaili after a meeting with the board of…
Cup masters Hodoud spoil Ahly's season after shootout
CAIRO: Harras Hodoud retained the Egyptian Cup title after beating Ahly 5-4 on penalties, following a thrilling 1-1 draw at Cairo Stadium on Monday. Youngster Ahmed Safi gave the Alexandrians…
Fever pitch: Football's just a game… isn't it?
PARIS: The World Cup's official message is this: football is a vehicle of harmony, uniting all nations in peace under the banner of sport. What if the truth were not…
