Bassiouni savors Hodoud's Cup triumph
CAIRO: Harras Hodoud s veteran striker Abdul-Hamid Bassiouni hailed his side s Egyptian Cup triumph as the greatest moment of his career.The military club won the first title in their…
EU extends rules for supporting film industry
The European Commission extended last week rules allowing member states to support film-makers with public money.With current arrangements due to expire at the end of the year, the European Union…
News in brief
Mobinil says Q4 profit up 25 percent Mobinil, Egypt s largest mobile operator by subscribers, said on Sunday its fourth-quarter profit grew 25 percent to LE 551 ($99 million), beating…
Egypt shares fall on local selling, OCI weighs
CAIRO: Egypt s main stock index recoiled on Sunday, with heavyweight Orascom Construction (OCI) providing selling impetus by shedding more than 5 percent in low-volume trade dominated by local investors.…
Trade ministers to strive for Doha deal this year
DAVOS: Key trade ministers agreed on Saturday to step up efforts to reach a new global trade deal and guard against protectionism to help pull the world out of economic…
Erdogan was strong and courageous, says Ahram Center analyst
CAIRO: As thousands in Istanbul gave Turkish Prime Minister Recep Tayyip Erdogan a hero s welcome for storming out of the World Economic Forum in Davos, his actions are being…
Israel vows to strike Hamas after Gaza rocket fire
JERUSALEM: Israel vowed to strike back at Hamas on Sunday after renewed rocket fire from Gaza two weeks after the end of a bloody war in the battered Palestinian territory."We've…
Labor Party official arrested in Rafah, Egypt installs surveillance equipment along border
CAIRO: Security forces on Saturday detained Magdy Ahmed Hussein, secretary general of the Labor Party, for allegedly entering Gaza illegally.Magdi El-Kurkur, a member of the Labor Party, said Hussein was…