EDB Bank gets $20 mln credit line
CAIRO: Abu Dhabi s Arab Trade Financing Program has extended a $20 million line of credit to Egypt s Export Development Bank to finance Egyptian export activities, Egypt s Trade…
Egypt bourse follows Europe shares up, Mobinil leads
CAIRO: Main Egyptian stock indexes followed European shares higher on Thursday ahead of a long Muslim holiday, with mobile phone operator Mobinil soaring 13 percent. We were mainly following markets…
Israeli Arabs plan to sail to Gaza
GAZA CITY: Leaders of Israel s Arab community said Wednesday they will sail to Gaza on a boat laden with humanitarian supplies to challenge their government s blockade of the…
Egypt arrests 64 MB members over Gaza protests
CAIRO: Police on Thursday arrested 64 members of the Muslim Brotherhood opposition group for organizing protests against the siege of the Gaza Strip, the group said.The arrests were made during…
Tense Egypt-Hamas relations take a turn for the worse
CAIRO: Already tense relations between Egypt and Hamas have soured after Cairo for the first time openly accused the group of torpedoing Palestinian reconciliation talks.Foreign Minister Ahmed Aboul Gheit was…
Ritz-Carlton to open first hotel in Cairo
CAIRO: The banks of the Nile River will be home to Cairo's first Ritz-Carlton Hotel after the capital's storied Nile Hilton undergoes a LE 350 million ($63.6 million) renovation beginning…
Firms continue to repurchase beleaguered stocks
CAIRO: Egyptian regulators authorized Credit Agricole France and a partner group to repurchase up to four percent of Credit Agricole Egypt's shares earlier this week, potentially extending to a growing…
Giving voice to talented actors with disabilities
Most people's knowledge of the nature of disability is largely informed by stereotypes. This is further reinforced by the fact that Egypt's disabled population is largely absent from everyday life.…