Lyon face ?2 mln Gedo price tag
CAIRO: Ittihad chairman Mohamed Moselhi said on Sunday that Olympique Lyon should table a ?2 million bid if they are to sign Egypt forward Mohamed "Gedo Nagi.The Alexandria-based club revealed…
April 6 and Kefaya reach reconciliation
CAIRO: Coordinator of the April 6 movement Ahmed Maher and General Coordinator of the Kefaya Movement for Change Abdel Halim Qandil, who have been engaged in a war of words…
Egypt state oil firm raises $91 mln for projects
State-owned Egyptian General Petroleum Corporation (EGPC) has mandated Arab African International Bank to raise a LE 500 million ($91 million) loan, the bank said on Monday. EGPC, which will use…
Telecom Egypt cuts dividend, delays cable launch
CAIRO: Telecom Egypt has proposed a reduced dividend and delayed the launch of an undersea cable until the second quarter, its chief executive said on Monday, after posting lower-than-expected earnings.The…
Egypt index falls on concern over president
CAIRO: Egypt s main index EGX30 tumbled 3.8 percent Monday, its biggest one-day fall since Nov. 30, on speculation about President Hosni Mubarak s health because the Egyptian leader has…
Israel approves barrier along border with Egypt
JERUSALEM: The Israeli government on Sunday gave final approval for the construction of a barrier along the border with Egypt in a bid to curb the entry of illegal immigrants.A…
Egypt arrests Israeli journalist along the border
JERUSALEM: Egyptian security officials arrested an Israeli journalist as he tried to sneak across the porous Israeli-Egyptian border with African migrants, his newspaper reported Monday.An Egyptian security official said the…
