Special Euromoney Coverage: Capital markets counting on government support
CAIRO: As value has bled from the stock market, capital markets experts have begun to look at how they might pick up the pieces in order re-grasp the economic landscape…
Special Euromoney Coverage: 'We have to divert to other sources,' says Energy Minister
CAIRO: Egypt plans to utilize its year-round sunshine and its fair share of wind by producing 20 percent of its total energy needs from renewable energies by the year 2020,…
Nazif's closing remarks echo peppy tone of Euromoney
CAIRO: The capstone of the Euromoney Conference came yesterday afternoon as Prime Minister Ahmed Nazif took the stage to discuss the current state of the Egyptian economy.Singing in thematic harmony…
Egyptian MP only Arab to monitor US presidential elections
CAIRO: The International Parliamentarians for Global Action (PGA) Committee chose Egyptian MP Mohamed Mostafa Sherdy as a representative of the North Africa region to the Organization for Security and Cooperation…
Foreigners dump Egyptian stocks, index down 2.2 pct
CAIRO: Foreigners dumped major Egyptian stocks on Tuesday, dragging the benchmark CASE 30 index down 2.2 percent to 5,608.96 points. Non-Egyptians were net sellers by a margin of LE 87…
Videogame delayed over possible offence to Muslims
Release of one of the most eagerly anticipated games in the history of the Sony PlayStation has been delayed because of concerns that some of the background music may offend…
Wigan step up efforts to sign Zaki permanently, say reports
CAIRO: Wigan Athletic chief executive Brenda Spencer reportedly set to arrive in Cairo soon to hold talks with Zamalek officials over signing Amr Zaki on a permanent basis.Reports in England…
Ahly uphold decision to broadcast games exclusively
CAIRO: Egyptian champions Ahly have released a statement confirming their intent to air the team s league games exclusively on the club s satellite channel. The decision was taken in…