Shikabala rescues Egypt to a 1-1 draw in Kuwait
Once again the Pharaohs failed to convert their domination into goals as they were held by Kuwait to a 1-1 draw, Tuesday in a friendly held in Kuwait. Bashar Abdullah…
Egypt lose Arab summit in FIFA ranking
Egypt have lost their supremacy over Arab teams for the first time in 16 months in the monthly Fifa ranking released by the football governing body for national teams.The African…
Some Muslim states not ready to fight bird flu, says WHO
KUALA LUMPUR: Some Muslim countries are ill-prepared to tackle an outbreak of bird flu because of poor resources and public apathy, a World Health Organization (WHO) official said at a…
Ezz Dekheila to buy back shares, shares jump
CAIRO: Ezz Dekheila Steel plans to buy back 136,677 of its shares from the market, the stock exchange said in a statement on Tuesday.The shares, 1 percent of the Egyptian…
Egypt inflation drops to 10.5 pct in May
CAIRO: Minister of State for Economic Development Osman Mohamed Osman said on Wednesday inflation fell to 10.5 percent in the 12 months to May from 11.7 percent in the year…
Egypt shares dip on share price limit lift
CAIRO: Egyptian shares dipped on Wednesday because retail investors sold off after a decision to remove limits on some share price fluctuations, dealers said. The Capital Market Authority said on…
Egyptian shares rebound, led by OT
CAIRO, June 14 - Egyptian shares rebounded on Thursday when investors showed renewed interest in Orascom Telecom (OT), despite the company s decision to abandon its bid for Telecom Italia…
Egypt median o/n interbank steady at 8.756 pct
CAIRO, June 14 - The median overnight interbank rate on the Egyptian pound was steady at 8.756 percent on Thursday, the same as Wednesday s rate, in the absence of…