Al-Futtaim to build administrative offices worth EGP 700m for delivery in 2017

Al-Futtaim, the creators of Cairo Festival Citym may ask for a EGP 3bn bank loan next year, says managing director

Shaimaa Al-Aees

Olympics: Majlinda Kelmendi wins first ever Olympics medal for Kosovo with gold in judo

Kosovo only earned its independence from Serbia in 2008 and full recognition by the IOC in 2014. Kelmendi had previously competed for Albania in Olympic competitions, but she is now…

Deutsche Welle

Olympics: Germany keep qualification hopes alive with 3-3 draw against South Korea

Two goals from Serge Gnabry and a delightful finish from David Selke earned a point for Germany against South Korea. The German team now need to beat Fiji on the…

Deutsche Welle

Paul Pogba set for medical ahead of world record transfer to Manchester United

The summer's biggest transfer saga appears to be edging closer to completion. Manchester United manager Jose Mourinho has described Paul Pogba's arrival in the Premier League as "imminent."

Deutsche Welle

Clashes in Aleppo after Syrian rebels break regime siege

Syrian government troops have clashed with opposition forces in Aleppo, a day after rebels breached a regime blockade in the embattled northern city. The government has responded with a major…

Deutsche Welle

Opinion: Erdogan, Putin and the touchy Turkish Stream

The presidents of Russia and Turkey are expected to repair relations and revive a gas pipeline project at a meeting in St. Petersburg on Tuesday. There is, however, one key…

Deutsche Welle

Why did power companies agree to local arbitration for cost-sharing agreement but refuse it for power-purchase contracts?

Minister of Electricity Mohamed Shaker's recent remarks against power companies have incensed investors. He said that investors knew from the beginning that the power purchase agreement (PPA) includes a condition…

Mohamed Farag

14.4% more jetties built in Damietta port in the first half of 2016

22% increase in the volume of cargo transported through the port from January to June

Mohamed Alaa El-Din

The Economist’s biased reports will not affect IMF deal: economists

Al-Sisi has gone “beret in hand” to the IMF for a $12bn bailout, says The Economist

Shaimaa Al-Aees