Egyptian shares edge up, real estate sector mixed

CAIRO: Egyptian stocks edged up on Sunday, with high turnover in the real estate sector helping the market recover some end-of-week losses suffered during a correction following a boom in…

Reuters

Suez Canal reports record monthly revenue in April after transit fee rise

The Suez Canal garnered the highest monthly revenue in April at $365.5 million after Egypt raised transit fees by an average of 2.84 percent as of April 1, the MENA…

Agencies

Government examines MiG-29 offer from Russia

Egypt has been negotiating with Russia for the procurement of the advanced MiG-29 fighter-jet, according to recent news reports.Russian industry sources told reporters that Egypt has examined the MiG-29SMT fighter.…

Agencies

Egypt nets $2.3 bln in government land auction

Egyptian and Gulf real estate firms bought three large tracts of land near Cairo on Saturday earmarked for housing development, netting LE 13.3 billion ($2.3 billion) for the government, officials…

Reuters

Shikabala scores twice as Zamalek ease past Al-Hodoud

CAIRO: Mahmoud Abdul-Razeq Shikabala notched twice to lead Zamalek to a crushing 3-0 away victory over Harras Al-Hodoud in an ill-tempered Egyptian League clash on Saturday.The former PAOK Saloniki playmaker…

Hatem Maher

Egypt star set to be hauled over for shirt antics

LONDON: Tottenham boss Martin Jol has made it clear he will come down hard on Hossam Ghaly after the Egypt midfielder threw his shirt at the feet of the manager…

AFP
AFP

When the ancient Egyptians soared

CAIRO: Ancient Egyptians must have been familiar with aviation. They could manufacture types of airplanes to get aerial views of some important locations in Egypt; a technology that helped them…

Ahmed Maged