Egypt wins first medal in Judo
CAIRO: Egypt won its first medal on Wednesday thanks to Hesham Mebsah who beat out Belarusian Andrei Kazusionak to win the bronze medal in the Beijing 2008 Olympics.Egypt is participating…
Egypt bans reports on slaying of Lebanese singer
CAIRO: An editor of an Egyptian independent newspaper said he was questioned by prosecutors Tuesday for violating a government ban on publishing information on the high profile killing of a…
OCI plunges, pulls CASE 30 to 11-month low
CAIRO: Orascom Construction Industries posted its sharpest single day decline in at least two years on Tuesday, pulling Egypt s benchmark index to an 11-month low.Shares of OCI, Egypt s…
Brotherhood appeal military court rulings
CAIRO: The defense team of the Muslim Brotherhood (MB) leaders who received jail sentences in a military court filed an appeal Monday before the Higher Court for Military Contests, they…
Russian president halts attacks on Georgia
MOSCOW: President Dmitry Medvedev on Tuesday ordered a halt to Russia s military offensive against Georgia saying it had been punished but could be hit again. The aggressor has been…
14 oil exploration projects in the pipeline, says Petroleum Ministry
CAIRO: Looking to expand Egypt's natural gas and petroleum production, the Ministry of Petroleum announced yesterday its plan to conduct and international tender that will lead to greater offshore drilling…
Crédit Agricole Egypt's net profit up 1.9 pct
CAIRO: Crédit Agricole Egypt (CAE), Egypt s fourth largest bank by market value, said on Monday its first half net profit rose 1.9 percent to LE 215.5 million ($41 million).…
MasterCard reports 'strong' second quarter growth
CAIRO: MasterCard Incorporated said its second quarter 2008 results were strong in the region, according to a press statement. For the quarter ending June 30 in the Asia/Pacific, Middle East…