Zaher reaches new broadcasting agreement
CAIRO: Egyptian Football Association (EFA) president Samir Zaher has reached a new agreement, ending the league s broadcasting row between champions Ahly and the association.Upon launching their television channel in…
Egypt stocks rise as foreigners buy into blue chips
CAIRO: Egyptian stock indexes rose for a second day on Wednesday as foreign investors continued to buy up blue chip shares at attractive prices after a sharp drop in the…
Arab foreign ministers meet on Palestinian rift
CAIRO: Arab foreign ministers met in Cairo Wednesday to work out how to deal with Hamas after the group rejected reconciliation talks aimed at ending the division between the West…
North Sinai situation threatens national security, says PA committee
CAIRO: The current situation in North Sinai constitutes a threat to national security along the border with Israel, warned the defense and national security committee of the People s Assembly.At…
Police beat students at Gaza blockade protest
CAIRO: Baton-wielding riot police clashed with hundreds of students at Cairo University who were protesting on Wednesday against the blockade of the Gaza Strip.About 600 police clashed with 300 students…
MPs file 76 investigation requests
CAIRO: Independent, Muslim Brotherhood and opposition MPs filed 76 investigation requests to the People s Assembly (PA), which will be discussed in next Saturday's parliamentary session.The large number of requests,…
IN DEPTH: Egypt's young card users ask: What credit bureau?
Yasmine Saleh certainly knows how to use a credit card. A 22-year-old university student, Yasmine got her first credit card on her 18th birthday and has had one ever since.…
SECTOR SERVICE: Egypt banks serve up new savings plans
CAIRO: The idea of saving money often brings to mind the image of an overflowing piggy bank or stacks of bills hidden under the mattress. Fortunately, today's options for individuals…
Egypt Factors: Financing trade in times of turmoil
CAIRO: At times of global financial turmoil, companies can fall victim to tightened credit conditions from commercial banks. But when money gets tight, factoring companies thrive.With Egypt's first factoring company…