League round-up: Ahly leading the way
CAIRO: Ahly went top after thrashing Gaish 4-2 in an Egyptian Premier League match that saw the Red Devils produce one of their finest displays this season. The defending champions…
Ghaly left out of regional tournament
CAIRO: Egyptian midfielder Hossam Ghaly was left out of Nassr s squad for the Gulf Club Champions Cup.The Saudi club, who are allowed to register up to three foreigners in…
Egypt destroys 10 Gaza smuggling tunnels
CAIRO: Egyptian security forces destroyed 10 tunnels used to smuggle contraband to the besieged Gaza Strip after a tip-off from a runner arrested last week, a security official said on…
VMA chaos, as usual: Kanye upset, Jackson honored
Taylor Swift was relishing her unlikely win of best female video at the MTV Video Music Awards. The 19-year-old knew that the network doesn t exactly make a habit out…
News in brief
Egypt shares fall, track world markets Egypt s benchmark index dropped 1.4 percent to 6,634 points as foreign investors sell shares, brokers said. The market is following the fall in…
Weather to buy back ?744.6 million of bonds
CAIRO: Weather Investments, an Italian-based holding company that owns Egypt s Orascom Telecom, said on Monday holders of ?744.6 million ($1.1 billion) worth of the firm s bonds had agreed…
Telecom Egypt nears deal on mobile fees: report
CAIRO: Egypt s fixed-line telephone monopoly Telecom Egypt (TE) is finalizing a deal to resolve a two-year dispute over interconnection fees with two Egyptian mobile operators, a newspaper reported on…
Defensive trade stances could stall recovery: WTO
GENEVA: Protectionist policies could hold back global economic recovery and weaken key industries long after the current crisis ends, the World Trade Organization said on Monday.In a joint report with…
Iraq shoe-thrower's release hopes dashed
BAGHDAD: Hopes that Muntazer Al-Zaidi, the television reporter jailed for throwing his shoes at former US president George W. Bush, would be freed were dashed on Monday by legal red…
Bin Laden reportedly calls Obama 'powerless'
CAIRO: Al-Qaeda leader Osama bin Laden described President Barack Obama as powerless to stop the war in Afghanistan, and Americans inability to grasp why the Sept. 11 attacks occurred has…