Zamalek are the best, says Shikabala
CAIRO: Mahmoud "Shikabala Abdel-Razeq indicated that competition in the Egyptian Premier League has become tough, but believes no team is stronger than Zamalek.The midfield wizard inspired a new-look Zamalek to…
Saied makes retirement U-turn
CAIRO: Former Egypt defender Ibrahim Saied has backtracked on his decision to hang up his boots, and expressed his desire to join a high-profile Egyptian club.Controversial footballer Saied, who played…
Egypt and Guinea draw 3-3 in friendly
CAIRO: Ahmed Eid headed in an equalizer in injury time Wednesday to salvage a 3-3 draw for Egypt against Guinea in a friendly.Egypt had taken the lead through Hosni Abd…
China warns it may appeal WTO order on films and music
China said Thursday it regretted a World Trade Organization decision ordering it to ease some of its curbs on foreign films, music and print, warning that it might appeal.The decision…
EFG-Hermes Q2 profit falls but improvement on Q1
CAIRO: Egyptian investment bank EFG-Hermes said its second-quarter profit fell 57 percent on the previous year but improved investor sentiment in its regional markets helped it improve on the first…
Egypt tracks international markets higher
CAIRO: Egypt s benchmark index climbed 3.2 percent to 6,485 points, lifted by gains in major international markets and encouraged by second quarter earnings from Egyptian big caps that did…
Reaction to Gamal Mubarak's 'open dialogue' differs according to venue
CAIRO: In an unprecedented move, Gamal Mubarak, head of the National Democratic Party's policies committee, addressed the internet-savvy youth in an online video forum Wednesday night.During the three-hour interactive discussion,…
US shelved concerns on Egypt's internal politics, says report
CAIRO: The new US administration has turned its back on concerns over Egypt's internal political issues for regional cooperation, a policy report released from Washington stated."After years of tension resulting…
Telecom Egypt Q2 2009 net profit rises 16 pct
CAIRO: Landline monopoly Telecom Egypt posted a consolidated Q2 net profit of LE 789 million ($142 million) on Thursday, up 16 percent on a year before and in the middle…