Cement auction results stir controversy
CAIRO: Last Sunday's auction for six licenses to build greenfield cement plants across the nation spurred dismay among various industry players, most of whom failed to win the bid. Several…
Amlak Finance launches Egypt operations
CAIRO: Building on the rapid growth of Egypt's real estate sector and with growing demand for diversified mortgage finance opportunities, Amlak Finance PJSC officially launched its Egypt operations at a…
Fair trade initiative seeks to link small producers to international markets
CAIRO: The advancement of fair trade globally contributes to reducing poverty levels by offering better trading conditions to marginalized producers, according to a workshop in Sawy Culture Wheel on Monday,…
Egypt, Mugabe and a diplomatic slip-up
CAIRO: Last week Gamil Fayed became the newest addition to the Egyptian diplomatic corps when he presented his credentials to Robert Mugabe, the president of Zimbabwe, in a run-of-the-mill ceremony…
Egypt sends refugees to uncertain fate in Sudan
CAIRO: Egypt has deported Sudanese refugees who were returned from Israel on the understanding they would not be expelled to Sudan where they face torture or imprisonment, a security source…
Hassan rejects Ittihad hearing
CAIRO: Ittihad captain Hossam Hassan rejected the club s decision to summon him for a hearing after he traveled to the UAE without the board s permission.The 41-year-old left the…
Shikabala returns for Zamalek against Mahalla
CAIRO: Zamalek have recalled suspended forward Mahmoud "Shikabala Abdel Razeq to the squad which will face Ghazl Mahalla in the Egyptian league on Thursday.The 21-year-old has been suspended by the…
Cairo Stadium to host Champions League Final
CAIRO: Al Ahly have announced that Cairo Stadium will host their CAF Champions League Final second-leg against Etoile Sahel on Nov. 9. Minister of defense Mohamed Hussein Tantawi has agreed…
Zamalek fine 'absent' Gaafar
CAIRO: Zamalek striker Mostafa Gaafar has been handed an LE 3,000 fine for missing Sunday s training session without permission, assistant coach Ayman Mansour said.Gaafar s relationship with the Cairo…
Norwegians in good spirits after World Powerboating win
ALEXANDRIA: The World Class One Powerboating Grand Prix saw defending champions Spirit of Norway remain on course for their sixth straight championship with a victory on the North Coast resort…