Palestinian home game historic, says FIFA
RAM: Palestinians may not have a state, but now they have a way to express their national pride - through football.On Sunday, the national team was hosting an international match…
First female marriage registrar starts work
CAIRO: Egypt s first female marriage registrar started work Saturday despite complaints by some conservative clerics that the move is against Islam, said the country s official news agency.During her…
Egypt TV boss fined after attacks on Mubarak posters
CAIRO: An Egyptian court on Sunday fined a television agency boss LE 150,000 ($27,000) after his company broadcast images of food rioters tearing down portraits of President Hosni Mubarak in…
CORRECTION
In a news brief titled "Cement prices drop, which ran on Oct. 23, 2008, Daily News Egypt erroneously reported that Italcementi Group said it would reduce its ex-factory cement prices…
Egypt median o/n interbank up, banks short of pounds
CAIRO: The median overnight interbank rate on the Egyptian pound rose to 12 percent on Sunday, from 11.959 percent on Thursday with traders saying some banks had a shortage of…
Egypt stocks extend falls, EFG-Hermes at 3-year low
CAIRO: Shares of EFG-Hermes, Egypt s largest investment bank, dropped to their lowest level in three years on Sunday, helping drag down Egypt s benchmark index as part of a…
Three Palestinians killed in Egypt-Gaza tunnel collapse
AL-ARISH: Three Palestinians were killed at dawn on Saturday when a tunnel collapsed under Egypt s border with the Gaza Strip, an Egyptian security official said.Police found the bodies after…
11 media executives arrested on charges of belonging to an Islamic group
CAIRO: Eleven media executives were arrested for being involved in an Islamic organization affiliated with the Muslim Brotherhood (MB), Ahmed Ragheb of the Hisham Mubarak Law Center, said at a…
Steel prices slump amid economic crisis
CAIRO: Ezz Steel, Egypt s largest steel producer, cut its November prices by 30 percent, as slowing economic growth and the global credit crunch have forced builders to slash orders."This…