Egyptian motorsport team struggles with funding and red tape
Lack of sponsorship and awareness hinders progress of talented team driversCAIRO: As a teenager, Ahmed Hamada fell in love with karting. He would ask all of his family members and…
Nasrallah dates win the battle for the Ramadan feast table
CAIRO: Every year, Cairo merchants give nicknames to their dates, the traditional way to break the fast in the Islamic holy month of Ramadan. This year s best date: the…
CHARITIES
Ramadan is a month of generosity and charity to those less fortunate. In keeping with this spirit, The Daily Star Egypt has compiled a list of local charities. There are…
Psychologist claims to have "cure" for homosexuality
While countries around the world legislate homosexual rights, doctor proposes treatmentCAIRO: At a time when the entire world, one country after another, is legislating laws that give more rights to…
The BG Group
ŠΘ###Frank Chapman, BG Group's Chief Executive presented the awards at a ceremony which was attended by Minister of Environment, Eng. Maged George prominent businessmen and BG Group employees from India,…
Father and son killed in treasure hunt
CAIRO: An Egyptian and his son died when the hole they were digging to find treasure collapsed on them in the early hours of Sunday, the state news agency MENA…
OHD says it has permission for Swiss project
CAIRO: Orascom Hotels and Development (OHD) said it had won Swiss government approval for a resort complex in the Swiss village of Andermatt. In a statement received on Monday, the…
EFG-Hermes to offer online trading
CAIRO: Cairo-based brokerage EFG-Hermes has obtained a license to offer online trading of Egyptian stocks and will start a gradual launch to existing clients within two weeks, an official said…
Median interbank rate falls to 8.05 percent
CAIRO: The median overnight interbank rate on the pound dropped to 8.05 percent on Monday from 8.395 on Sunday, with the market liquid at the end of the reserve period,…
Egypt to sell Omar Effendi shops for $103 million
CAIRO: The government agreed on Monday to sell 90 percent of the historic department store chain Omar Effendi to the Saudi company Anwal for LE 589.5 million ($102.7 million), state…