Azmi changes his mind on Zamalek move
CAIRO: Amir Azmi has decided not to join Zamalek, only two weeks after signing a four-year contract with the Cairo club.Azmi, whose father is a prominent figure inside the Zamalek…
Ghaly out for three months with knee injury
CAIRO: Hossam Ghaly will be sidelined for up to three months after damaging knee ligaments in Egypt s 2-0 win over Malawi on Sunday.Ghaly limped off the 2010 World Cup…
News in Brief
National Bank of Kuwait, Zain Co. announce launch of services in Egypt to Al Watany BankIn a press conference, The National Bank of Kuwait and Zain Co. extended services to…
Euro gains on dollar to $1.5615 despite more discouraging economic news out of Germany
FRANKFURT, Germany: The 15-nation euro rose Tuesday against the US dollar despite more discouraging economic news from Germany, Europe s largest economy.In afternoon European trading the euro bought $1.5615, up…
Troops patrol north Lebanon to enforce truce
TRIPOLI, Lebanon: Lebanese soldiers and police patrolled areas of the northern port city of Tripoli on Tuesday to enforce a truce after fierce sectarian clashes which killed eight people.Civilians who…
Egypt pledges not to re-open Gaza crossing till Israeli soldier is free
SHARM EL-SHEIKH: Israel obtained a pledge from Egypt on Tuesday that the Arab country will not re-open its border crossing with the Hamas-run Gaza Strip until a captive Israeli soldier…
CanCham promises to boost further cooperation in all domains
CAIRO: The Canadian Chamber of Commerce in Egypt (CanCham) vowed to continue to bolster relations between Egypt and Canada, during a celebration of their second anniversary of operations in Egypt.…
Five banks bid for Banque Du Caire, $2 billion expected
CAIRO: Five regional and international banking players have lined up Tuesday for the bidding on Banque Du Caire amid expectations the sale could generate up to $2 billion, officials said.According…