AAIB launches Egypt's first merchant loan program
CAIRO: Arab African International Bank (AAIB) launched its merchant loan program - the first of its kind in Egypt - providing merchants with low-cost financing to expand their business.The loans…
Nuclear energy, the way forward?
CAIRO: With Egypt on the verge of announcing the rebirth of its nuclear energy program, many support the nuclear choice to compensate for dwindling non-renewable sources despite environmental concerns. President…
Israel's security chief says Egypt has power to cut smuggling into Gaza
WASHINGTON: Israel s security chief said Tuesday that Egypt has the power to immediately stop smuggling into the Gaza Strip.Internal Security Minister Avi Dichter made the comments after a meeting…
Egyptian acquitted, 3 ringleaders convicted in Madrid terror bombing trial
MADRID: Three lead defendants in the 2004 Madrid train bombings were convicted of mass murder and other charges Wednesday, but another accused ringleader was acquitted in the culmination of a…
China to build first ever foreign industrial zone in Egypt
CAIRO: China is to build its first ever foreign industrial zone in Egypt in a project that is expected to draw $2.5 billion in investment, Egypt s Trade and Industry…
DP World takes over Egyptian port operator
DUBAI: Dubai government-controlled DP World on Wednesday said it had moved into the Egyptian maritime market for the first time, buying a 90 percent stake in a container port operator…
Police catch 8 Eritreans, 2 Sudanese trying to get to Israel
AL-ARISH: Egyptian authorities detained eight Eritreans and two Sudanese early Wednesday in two separate incidents as they tried to make their way to Israel, a security official said.The Eritreans were…
Al Ahly missing key figures against Ismaili
CAIRO: CAF Champions League finalists Al Ahly will miss a number of key players when they visit Ismaili in the Egyptian league crunch game today.Defense trio Emad Al-Nahhas, Ahmed Al-Sayed…
Ismaili issue ultimatum to players
CAIRO: Ismaili have promised to solve the players salary crisis before their crucial league game against Al Ahly today. I asked the board to talk to the players and announce…
Ghaly denies Spurs return
CAIRO: Egyptian midfielder Hossam Ghaly has denied all the reports claiming that he went back to London and joined Tottenham s trainings again. I have a lot of troubles with…