Ahly increase lead in Egypt despite surprise draw
CAIRO: African champions Al-Ahly stretched their lead in the Egyptian Premiership to three points Saturday despite being held 2-2 by relegation-threatened Al-Gaish.The Cairo 'Red Devils,' winners of the African Champions…
Railway workers to receive incentives, train drivers wait
CAIRO: Minister of Transport Mohamed Lotfy Mansour said around 55,000 railway and metro workers - excluding train drivers - will receive newly decreed bonuses and incentives in the next fiscal…
EFG-Hermes CEO rules out need of capital hike
DAVOS: EFG-Hermes, Egypt s largest investment bank by market value, has a solid balance sheet with capital in excess of $400 million and does not need a capital hike, the…
Egypt to host Gaza reconstruction forum March 2
CAIRO: Egypt is to host an international conference on March 2 to raise funds to rebuild the Gaza Strip, which was devastated by a 22-day Israeli assault, the foreign ministry…
Weekly Stock Review: Stocks fluctuate on profit forecasts, price target cuts
CAIRO: The index sank Sunday 4.38 percent to 3,643.34 points - its lowest level since February 2005 - as the market resumed reeling on economic woes. Trading volume was a…
With a Grain of Salt: Obama .. O'Mama
CAIRO: The new US President Barack Obama has assumed his duties in the White House and here we are waiting for him to solve all the world's political, economic, social…
Editorial: Obama and equal opportunity
CAIRO: Once again new US President Barack Obama mesmerizes Arab and Muslim populations around the world with a simple gesture, but one that speaks volumes.Obama's decision to give his first…
Aid trucks stranded at Egypt's Gaza border
RAFAH: More than two dozen trucks loaded with food, aid and commercial goods intended for the Gaza Strip were stranded on the Egyptian side of the border Thursday, leaving truckers…
COMMENTARY: In Gaza, emotion clouds everything
GAZA CITY: First, there was the sputter of what even my sleep-addled mind could identify as gunfire, coupled with the thump of what I could guess were detonating shells. Second,…