CIA "kidnap" victim eyes political career in Egypt
CAIRO: An Egyptian cleric who says he was kidnapped by the CIA in Italy and flown to Egypt for interrogation is considering a political career in his home country thanks…
Ghabbour private placement 7 times oversubscribed
CAIRO: A private placement of shares in Egyptian auto company Ghabbour Auto has been seven times oversubscribed two working days before it closes, a stock exchange statement said on Thursday.…
Sharm Dreams offers 6.4 mln shares for subscription
CAIRO: Egyptian hotel company Sharm Dreams for Tourism Investment said on Thursday it will offer 6.4 million shares for subscription in late August. Amr Helmi, director of investor relations for…
Egypt median o/n interbank edges down to 8.76 pct
The median overnight interbank rate on Egypt s pound dropped marginally at 8.76 percent on Thursday from 8.766 percent on Wednesday in a liquid market with the absence of certificates…
Orascom shares buoy Egypt stock indexes
CAIRO: Major Egyptian shares rose on Thursday, lifted by a rebound in global equities and the heavy-weighted Orascom Telecom as the market digested news it was buying a majority stake…
Cairo-Tashkent first direct airline starts Tuesday
CAIRO: The first direct and regular airline linking the Egyptian and Uzbek capitals will start operation next Tuesday, announced Atta Bek Merza Mohamedov, deputy director of the Uzbek national carrier…
A lukewarm end to the Modern Dance festival
After three consecutive weeks of impressive, feast-for-the-eye performances, the eighth International Festival for Dance Theater ended with a string of disappointing performances that started with a bang and rapidly faded…
Cairo conference endorses comprehensive Arab regional strategy on violence against children
CAIRO: Firm commitment to further advance efforts to fight violence against children throughout the Arab region and renewed pledges to enhance national infrastructures to eradicate its diverse manifestations was reiterated…
Gilberto extends Ahly stay
Angolan winger Sebastiao Gilberto has penned a four-year contract extension with Ahly, the Egyptian champions announced on their official website on Wednesday.The news will come as a boost to the…
Egyptian league new season to kick off on August 13th
The Egyptian Football Association (EFA) announced on its official web site on Tuesday that the opening day of the 2007-2008 Egyptian Premier league season will be on August 13th.The EFA…