Abo Fana monks reach settlement with Bedouins

CAIRO: The Abo Fana Monastery monks and the Bedouins reached a settlement Wednesday night after clashes had erupted over land in Minya last May, the Middle East News Agency (MENA)…

Safaa Abdoun

Bread queues reappear in Alexandria

CAIRO: Bread queues have once again started to form in front of bakeries in Alexandria after the Ministry of Social Solidarity's decision to discontinue rewards of extra flour quotas to…

Tamim Elyan

Bomb in northern Lebanese city kills 18

TRIPOLI: A bomb ripped through a bus carrying civilians and members of the Lebanese military during Wednesday morning rush hour in the northern city of Tripoli, killing 18 people and…

Daily News Egypt

Egyptian Ministry of Foreign Affairs called in for a meeting with the EU ambassadors in Cairo

CAIRO: The Egyptian Foreign Ministry called in accredited European ambassadors and consuls yesterday to emphasize the importance of treating Egyptians applying for visas properly. "We called for this meeting because…

Daily News Egypt

SECTOR SERVICE: Risk management key in maturing market

CAIRO: As the Egyptian capital market seeks new ways to build shareholder value and trust, overall risk management becomes increasingly critical for participants and regulators of the market. Even more…

Daily News Egypt

IN DEPTH: Actis, Mo'men deal signals spur in private equity investments

CAIRO: "It's been a very long road, said Actis Investment Principal Sherif Elkholy, who worked tirelessly for two years to secure a $48.5 million investment at one of Egypt's top…

Theodore May

ONE ON ONE: Concord carves niche in Egypt's capital market

CAIRO: Few people know that more than half of the assets managed by Concord Group worldwide are invested in Egyptian securities. But this success story did not happen overnight.In 1994,…

Amira Salah-Ahmed