Jose warns against complacency ahead of derby
CAIRO: Manuel Jose warned Ahly players against complacency when they take on Zamalek in the CAF Champions League next week.Group A leaders Ahly are almost ensured of a semi-finals qualification,…
Egypt indexes continue decline on foreign selling
CAIRO: Major Egyptian stock indexes fell on Wednesday for the second session in a row on heavy foreign selling of big cap stocks and global market volatility, traders said. Market…
Egyptian urban inflation rises to 23.6 percent
CAIRO: Rising food prices drove inflation in urban parts of Egypt above market forecasts to 23.6 percent in the year to August, piling pressure on the central bank to raise…
ONE ON ONE: Siwan lodge company steps into the limelight with SODIC deal
CAIRO: In the thick of the Egyptian real estate market - the boom and bustle of the construction, the flash and pop of the advertising - subtlety is not the…
Egypt ranked world's 10th business reformer
CAIRO: Egypt jumped 11 places in aggregate rankings on the ease of doing business and scored the world's 10th business reformer this year, according to the World Bank's "Doing Business…
COMPANY PROFILE: Suez Cement steps over stumbling blocks
CAIRO: By the beginning of 2008, things were at a tipping point in the construction market. In the cement sector, many companies were pulling in record profits while high demand…
Talaat Moustafa says worth $6.37 billion
CAIRO: Talaat Moustafa Group (TMG), whose share price was hit by the arrest of its former chairman in a murder case, said on Wednesday its assets were worth LE 34.5…
IN DEPTH: Construction, real estate stocks feel the heat this summer
CAIRO: After the May 5 price hikes, the Egyptian Stock Exchange rang bells of distress, collapsing several times during the summer, with real estate and construction sectors among the hardest…
BUSINESS BEAT: At home in Ain Sokhna
CAIRO: When Marwa Sabah and David Blanks began apartment hunting in preparation for their marriage, they were determined to find a spacious, affordable three-bedroom in Heliopolis.While their needs seemed simple,…
Indian pair, debutants make Booker Prize shortlist
Authors from India, Britain, Australia and Ireland, including two debut novelists, were among the six shortlisted for the 2008 Booker Prize on Tuesday.One of the literary world's most prestigious awards,…
