Meteb's Ittihad reach Crown Prince Cup quarters
CAIRO: Saudi Arabia's Ittihad qualified for the Crown Prince Cup quarter-finals on Sunday after condemning Raed to a 3-1 loss on Sunday. Raed's Salah Abdel-Hamid scored an early opener on…
Ismaili beat Hodoud to maintain title hopes
CAIRO: Ten-man Ismaili maintained their title hopes with a 2-0 home victory over Harras Hodoud in the Egyptian Premier League on Saturday.The game was played behind closed doors as Ismaili…
Ghabbour could make $180 mln buy
CAIRO: Ghabbour Auto, Egypt s largest listed auto maker and assembler, could spend as much as LE 1 billion ($180 million) on acquisitions to take advantage of low prices, its…
$1.4 million aid convoy heading for Gaza from London
LONDON: A convoy of more than 100 vehicles loaded with aid bound for the Gaza Strip left London on Saturday.The convoy, including 12 ambulances and a fire engine, is bearing…
Aboul Gheit meets Al-Beshir amid reports of arrest warrant
KHARTOUM: Foreign Minister Ahmed Aboul Gheit held talks with Sudanese President Omar Al-Beshir on Saturday amid reports that the International Criminal Court has decided to issue a warrant for his…
Cement price hikes 'unjustified,' say insiders
CAIRO: Whether it's due to an upsurge in demand or a general strike by truck drivers, current cement price hikes on the domestic market are unjustified, said industry insiders.At the…
CBE interest rate cuts 'expected'
CAIRO: For the first time in almost three years, Egypt's Central Bank announced its decision to cut key interest rates in a continuing effort to stimulate Egypt's stagnant economy.Rania Al-Mashat,…
Egypt index gains after interest rate cut
CAIRO: Egypt's benchmark stock index rose nearly three percent on Sunday after the country's central bank slashed interest rates to support economic growth. The CASE 30 index, down 22 percent…
