OT, OCI, Ezz Steel lead stock market rebound
CAIRO: Egypt s stock market recovered on Wednesday from losses with Orascom Telecom, Orascom Construction Industries and Al Ezz Steel Rebars helping it to a higher close. The Hermes index,…
Egyptian shares rise in step with Gulf markets
CAIRO: Egyptian stocks gained ground on Thursday as Gulf markets recovered and confidence rose among retail investors who panicked earlier in the week, brokers said. Telecom Egypt rose 3 percent,…
Mussa set for new term as Arab League chief
CAIRO: Arab leaders are widely expected to approve Amr Mussa s bid for a second five-year term as Arab League chief when they gather in Sudan later this month, a…
Muslim Brotherhood rallies support for Palestine
CAIRO: As the recently elected Hamas government struggles to come to terms with their newly bestowed power and formulate an alternative plan to get Palestine up and running, the West…
Helping communities work their way out of poverty
CAIRO: If you're looking for local, unique handmade crafts with a touch of history, you need look no further than the Egypt Crafts Center (ECC). Carrying everything from extra virgin…
Word on the Street
CAIRO: On Wednesday, the new metered and air-conditioned taxis were given the opportunity to join the throng of Egyptians making their way through the over-crowded and poorly maintained roads. With…
Press Round-up
CAIRO: The stock market's drastic decline and the parliament's increasingly heated debates made headlines throughout the week."Black Tuesday was Al-Masry Al-Youm's description of the dive the Egyptian stock market took…
Ministry of education cancels Women's Day celebration for 'security reasons'
CAIRO: Less than 24 hours before its scheduled start, the Egyptian Center for Women's Rights' (ECWR) celebration of the Egyptian Women's Day was canceled. As the celebration was planned to…
Al Ahli open Champions League defense in Kenya
JOHANNESBURG: Holders Al Ahli begin the defense of their African Champions League title this weekend, joining the competition at the second round stage just two weeks after winning the African…
Court tells church to let man remarry
CAIRO: An Egyptian court told the Coptic Christian church on Tuesday to let a divorced man marry again in church, despite the church s ban on divorce, judicial sources said.…