Al-Badri justifies Abou-Trika absence
CAIRO: Ahly s Mohamed Abou-Trika was benched in the 3-0 victory over Olympic because the technical staff wanted to save his energy for the CAF Champions League clash against Young…
We can stay in top flight, says Hassan
CAIRO: Telecom Egypt coach Hossam Hassan believes he can save his struggling side from relegation this season.The 41-year-old took over from Helmi Toulan last week, but was defeated by ENPPI…
Ismaili search for alternate stadium
ISMAILIYA: Ismaili are yet to decide on where to resume their home league matches as Ismailia Stadium will be closed for renovations ahead of the U-20 World Cup.The Dervishes will…
Democratization almost stagnant in Egypt, says report
CAIRO: Democracy in Egypt has deteriorated slightly since 2006 and the spread of democracy globally has come to a halt, according to the Economist Intelligence Unit s (EIU) 2008 democracy…
Global growth could dip below zero in 2009, says IMF chief
DAR EL-SALAM: Global economic growth could dip below zero for the first time in decades in 2009, International Monetary Fund Managing Director Dominique Strauss-Kahn said Tuesday. The IMF expects global…
Egypt: Ancient golden jewelry found in tomb
CAIRO: Egyptian officials say archaeologists have found ancient golden jewelry in a Pharaonic era tomb that belonged to a senior official under Egypt s most powerful queen.The Supreme Council of…
Egyptian shares extend gains to fourth session
CAIRO: Egyptian shares rose on Tuesday for the fourth straight session as investors bet share prices were too low given earnings expectations, traders said. Optimism and confidence are gradually returning,…
Talaat Moustafa posts $18 million Q4 profit
CAIRO: Talaat Moustafa Group, Egypt s largest real estate developer by market value, made a fourth quarter net profit of LE 100 million ($18 million), on lower sales, but missed…