Mido willing to join Zamalek
CAIRO: Middlesbrough outcast Ahmed "Mido Hossam said he is ready to give up his hefty salary in England to return to Zamalek this summer.A season-long loan to Zamalek was reportedly…
Foreign-based trio named for Guinea friendly
CAIRO: Egypt coach Hassan Shehata has called-up three foreign-based players for the Guinea friendly which will be held in Cairo on August 12th.The Egyptian Football Association announced that Borussia Dortmund…
Egypt signs new gas deal with Israel
CAIRO: A new deal was signed Tuesday to export Egyptian natural gas to Israel, an agreement that will last at least 17 years, Israeli press reported.On Tuesday the Egyptian-Israeli consortium…
Heavyweights Byatt and Coetzee on Booker longlist
Literary heavyweights AS Byatt and JM Coetzee were named on the 13-strong longlist for the 2009 Booker Prize, released on Tuesday.Both previous winners of the prestigious award, Byatt was nominated…
Egypt orders re-export of 45,000 T wheat
CAIRO: Egypt s public prosecutor has ordered the re-export of 45,000 tons of Ukrainian and Australian wheat found to be unfit for human consumption, state news agency MENA said on…
Nile countries delay water sharing pact for six months
ALEXANDRIA: Water ministers from Nile Basin countries on Tuesday delayed signing a water-sharing pact already rejected by Egypt and Sudan, who oppose any reduction in their traditional quotas.Ministers from nine…
Lebanon rivals close to agreement on cabinet: speaker
BEIRUT: Lebanon s rival factions are close to agreement on a new unity government nearly two months after a Western-backed alliance won parliamentary elections, speaker Nabih Berri said on Wednesday.…
IN DEPTH: HDB gets the go-ahead for Damac deal
Banks around the world have been in the news over the past year because governments have been stepping in to bail them out from poor balance sheets and too much…
BUSINESS BEAT: IMF says healthy banking sector, reforms cushioned Egypt from crisis impact
CAIRO: Egypt's economy will continue to decline for the next fiscal year, but the country's financial system has endured the global economic crisis fairly well, said the International Monetary Fund…
Citi Egypt emerges from crisis stronger, says executive
Citigroup is meeting the financial crisis head on. Despite the turmoil surrounding the collapse of the bank in the United States and the echoing effects felt around the world, the…