Partial building collapse leaves one dead

The fatality was caused by the collapse of a ceiling in the top floor of the building

Hend Kortam

Apple acquires Israeli 3D chip developer PrimeSense

An Apple spokesman confirmed the purchase but declined to say how much it spent. Israeli media said it was about $350 million.

Daily News Egypt

UAE Telco Etisalat fined for blocking rival Du’s promo texts

Etisalat is the bigger player in both of these segments and is seen by analysts as having more to lose from the introduction of the service.

Daily News Egypt

Sabahy launches presidential race, announces candidacy ‘on one condition’

Former presidential hopeful calls for national consensus naming “candidate of the revolution”

Fady Ashraf

Constitutional referendum will be in late January: El-Beblawi

Supreme Electoral Commission begins approving elections monitors

Basil El-Dabh

Dubai retailer Al Futtaim says Egypt Metro Supermarkets deal talk fails

A deal was seen worth between $200 million and $300 million. MAF gave no reason for the breakdown in talks.

Daily News Egypt

AFTE and DNE journalists detained while covering Al-Azhar demonstrations

American journalist was released because of his nationality: Lawyer

AbdelHalim H. AbdAllah

US envoy talks Sudans in Cairo

Envoy presents US administration’s strategy to achieve a lasting peace between Sudan and South Sudan

Joel Gulhane

Egyptian Pound strengthens at Dollar sale

The central bank said it sold $38.8 million to banks at the auction, with a cut-off price of 6.8776 pounds to the dollar, compared with 6.8778 at the sale on…

Daily News Egypt

Marsa Allam finalises EFSA procedures for raising capital to EGP 50m

The company requested raising its capital from EGP 20m to 50m with an increase of EGP 30m spread over 20 million shares through a 1.5 share for each original share,…

Daily News Egypt