Is an interest rate change on the horizon?
For nine years, interest rates have fallen and the European Central Bank has fired up the economy with a flood of money. It is becoming increasingly clear that this cannot…
Ford fires CEO Fields over performance
The American carmaker giant has replaced chief executive Mark Fields. It's a significant managerial shake-up amid growing investor unease over the company's stock market performance and outlook.Ford chief executive Mark…
Bundesliga: Mainz part ways with coach Martin Schmidt
Bundesliga club Mainz have sacked their coach, Martin Schmidt, following a disappointing season that saw them flirt with relegation. There was no immediate word on a successor.Mainz announced via their…
48.6% increase in tourist arrivals in March: CAPMAS
Nearly 50% increase of nights spent, 30.9% increase in Arab tourists visiting Egypt
The photographer behind Marilyn Monroe’s most iconic photo
We've all seen Marilyn Monroe in a white dress standing over a subway ventilation. The iconic image is Sam Shaw's most famous, but certainly not his most moving. His work…
Ice Hockey World Championship: A big hit with the fans, profit to go into development
Although not all of the games were sold out, organizers of the IIHF Ice Hockey World Championship are delighted with the attendance figures. The DEB plans to use the profit…
Egypt’s best junior squash player talks of pressure and struggles of squash in Egypt
With little support from the government, and social pressure, players stand on their own
Australian mining magnate to donate chunk of his fortune
Andrew Forrest, founder and chairman of iron ore giant Fortescue Metals Group, has made the biggest single philanthropic donation in Australian history to support a variety of social and scientific…
Investment funds lose 3.3% of their assets during first quarter
The second quarter may see a resurgence of fund assets growth
Beltone continues as top management company by end of first quarter, Al-Ahly in close second
We aim to raise value of managed assets to EGP 9bn before end of 2017: Khalifa