Al Ahli aiming for Champions League record
JOHANNESBURG: Egyptian giants Al Ahli set out in search of an unprecedented third successive African Champions League title this weekend when they host Sudan s Al Hilal in their opening…
Celebrating the EU with poetry
CAIRO: As Germany s European Union presidency draws to a close, the Goethe Institute is celebrating with a Long Night of European Poetry. Ambassadors, teachers, and students will be on…
Veiled anchor on Egyptian local TV breaks the stereotype
CAIRO: Hala El-Malky, a presenter on Channel Five, will be the first veiled anchor to appear on a local Egyptian television station.El-Malky was not allowed to appear on TV after…
Egypt benchmark Hermes index hits all-time high
CAIRO: Egypt s benchmark Hermes stock index hit an all-time high on Wednesday led by investment bank EFG-Hermes, which rallied to a one-year high after breaking a key technical price…
Mobinil likely to buy 3G license in 2007-CEO
ReutersCAIRO: Egyptian mobile operator Mobinil will likely apply for a third-generation (3G) license this year, Chief Executive Alex Shalaby said on Tuesday. My recommendation to the board is that we…
Egypt median o/n interbank steady at 8.755 pct
CAIRO: The median overnight interbank rate on the Egyptian pound remained steady at 8.755 percent on Thursday in a liquid market, traders said. The market has been very liquid for…
Egyptian shares dip on profit taking, housing up
CAIRO: Egyptian shares fell on Thursday from profit taking on EFG-Hermes and Mobinil , dealers said, one day after the benchmark Hermes index reached an all-time closing high. The whole…
Inter-Build showcases over 1,000 companies
CAIRO: The 14th International Conference and Exhibition for Building and Construction, Inter-Build, kicked off on June 21 at the Cairo International Conference Center, where over 1,000 companies displayed their products…
Quartet meeting cancelled due to Palestinian Crisis
The Quartet meeting scheduled to take place in Cairo on June 26-27 has been cancelled for a later date, yet to be determined, the press office of the Ministry of…