No exclusive rights for Ahly channel
CAIRO: The Ministry of Information has turned down Ahly s request to exclusively broadcast their games on the club s newly-launched satellite channel.Ahly chairman Hassan Hamdi held a meeting with…
Roma too good for Ahly
CAIRO: Egyptian champions Ahly slumped to a 3-0 defeat to Italian side AS Roma in a pre-season friendly on Wednesday, just three days before the league s kick-off.Mauro Esposito put…
SODIC buys agricultural firm for $59 mln
CAIRO: Sixth of October Development and Investment (SODIC) has bought El Yusr Company for Projects and Agricultural Development in a deal worth LE 312.6 million ($59 million), SODIC said on…
Ghabbour Auto half-year net income up 61.7 pct
CAIRO: Strong passenger car sales helped Egypt s auto maker and importer Ghabbour Auto report a 61.7 percent rise in its first-half net profit to LE 237.2 million ($44.75 million)…
Two youths hurt in Gaza smuggling bust shootout
AL-ARISH: Two Egyptian teenagers suspected of trafficking fuel and food through tunnels into the impoverished Gaza Strip were wounded in a shootout with police on Thursday, a security official said.The…
Muslim Brotherhood condemns Ibrahim sentence, denies posting online statement
CAIRO: Deputy leader of the Muslim Brotherhood (MB) Mohamed Habib questioned the authenticity of an online statement condemning the two-year prison sentence handed down to democracy advocate Saad Eddin Ibrahim…
Rights group condemns new West Bank settlement construction
CAIRO: The Israeli government's plan to back a settlement in the occupied West Bank violates international humanitarian law and should be stopped,Human Rights Watch (HRW) said Thursday in a statement.…
Housing Ministry sets new land rates to encourage small investors
CAIRO: As more upscale residential developments spring up around Cairo, the shortage in low-income housing supply becomes more obvious.The newest addition to the list of affordable housing initiatives was announced…
Drop in oil prices signal hope for global economy
CAIRO: A significant decline in energy prices over the past several weeks has sounded an optimistic note during a stormy time for the world economy.The decline of oil may also…