Word on the Street
Gamal Mubarak drops the bomb: Egypt wants nuclear powerCAIRO: While the recent annual National Democratic Party meeting tackled a number of issues, perhaps the most covered was the announcement by…
Italian intelligence chief under fire in CIA kidnap scandal
ROME: The head of Italy s military intelligence service came under heavy fire from parliamentarians Wednesday over allegations that he helped the CIA kidnap a Milan-based imam, said Italian news…
All in the family
Housewife finds new way of bringing family together - robberyCAIRO: The Cairo Bureau of Investigations recently arrested a family gang. A 61-year-old housewife from Hadaeq El-Qubba apparently found a way…
Moody releases report on Egyptian banks
CAIRO: Implementation of the banking sector reform plan, now well under way, is resulting in a strengthening banking system, says Moody s Investors Service in its new Banking System Outlook…
Stocks edge up in quiet Ramadan
CAIRO: Stocks edged upwards on Thursday in quiet Ramadan trade at the end of the third quarter. Interest in Vodafone Egypt subsided on an announcement that Cairo-based business group Alkan…
Egypt signs 10 agreements on $405 million of American grants
CAIRO: The Egyptian Minister of International Cooperation Fayza Abul Naga has signed 10 agreements on financial grants provided by U.S. economic aid to Egypt at a combined value of $405…
Alkan chairman accepts Telecom Egypt offer
CAIRO: Alkan chairman Mohamed Nosseir has accepted Telecom Egypt s offer of LE 100 ($17.42) a share for the business group s 5 percent stake in Vodafone Egypt, a Vodafone…
EFG-Hermes receives online trading licence
CAIRO: EFG-Hermes announced yesterday that it has received approval from Egypt s Central Monitory Authority to launch and operate its online trading in Egypt.Since launching online trading in the UAE…
Jordanian Group to build $2 billion resort in Sahl Hasheesh
CAIRO: Jordanian-based Shaheen Group unveiled plans Wednesday to construct a $2 billion (LE 11.5 billion) resort in Sahl Hasheesh near Hurghada on the Red Sea. Construction on the project, aimed…
Diwan Book Chart
1) The Dreams by Naguib Mahfouz for L.E. 70AUC PressNaguib Mahfouz977424866x2) 7 Habits of Highly effective people by Stephen R. Covey for L.E. 89 Simon and Schuster14165024913) Muhammad a biography…