Living in the shadow economy: More than 8 million work in the informal sector
CAIRO: Have you ever tried to live on LE 550 a month uncertain if you will receive your next paycheck? If that were not difficult enough, imagine that you have…
Torture tools found in Al-Montaza police station
CAIRO: The general prosecutor's office found material evidence of torture at Al-Montaza police station, said Ahmed Sabry, writer in Al-Badil daily newspaper and eyewitness to the official investigation.Sabry's story ran…
Thanaweya Amma results end anticipation, start college race
CAIRO: The night preceding the announcement of the Thanaweya Amma results was marked by anxiety for some, and for others it was a night of unfulfilled promises. As many students…
New sectarian disputes emerge in Menoufia, Fayyoum
CAIRO: A minor sectarian clash broke out Monday in the village of Bahwash, in Menoufia governorate, north of Cairo. The dispute erupted over the decision to allow Muslims to have…
Riad excluded from Al Ahly's preliminary squad, Boujelbene included
CAIRO: Al Ahly announced the preliminary squad list for the 2007-2008 season with the exclusion of playmaker Wael Riad.Riad, who has just recently returned to Al Ahly after a short…
Egypt finishes 10th in the World Junior Championship
CAIRO: Egypt lost to Slovenia 3-1 on Sunday to finish 10th in the World Junior Championship for Volleyball held in Morocco from July 7 to 15.The Pharaohs were barely defeated…
Egypt median o/n interbank steady at 8.752 pct
CAIRO: The median overnight interbank rate on Egypt s pound was unchanged at 8.752 on Monday, with banks squaring their positions at the end of a two-week central bank reserve…
Egyptian indexes rebound, housing and EFG-Hermes up
CAIRO: Egypt s main stock indexes rebounded on Sunday from last week s correction, carried by a strong rally in the housing sector and a rise in investment bank EFG-Hermes,…
Emaar says hiring staff overseas drives up costs
DUBAI: Dubai-based Emaar Properties, which on Monday missed analysts profit forecasts, said hiring staff was driving up costs as it expands into countries such as India and Egypt.The largest Arab…
Intelligence Chief in US to address military aid and Palestine
CAIRO: Intelligence Chief Omar Suleiman is in the United States a week after Egypt objected to a draft bill in the US House of Representatives calling for the withholding of…
