Cityscape Egypt opens next week, in association with Next Move
CAIRO: Cityscape Egypt, in association with Next Move, is gearing up to open its inaugural exhibition and conference on February 20, at the Cairo International Convention Center. Taking place February…
OTVentures acquires stake in Egypt group-buying site
CAIRO: OTVentures, an online and mobile technology company affiliated with Orascom Telecom, Media and Technology (OTMT), acquired a 51 percent stake of Egypt’s group-buying site Dare’n’Deal, in a deal worth…
Labor strikes shut Dubai’s DP World port in Egypt
ISMAILIA: Dubai's port operator DP World shut down its Ain Sokhna port in Egypt for the second day on Monday because of labor strikes that have disrupted shipments, an official…
Egypt prepares to sell $2 bln Islamic bonds: scholar
DUBAI: The Egyptian government, seeking to head off a funding crisis, is preparing to raise about $2 billion through its first issue of Islamic bonds, an Islamic scholar familiar with…
Egypt’s OTMT to pay dividend from Mobinil proceeds
CAIRO: Egypt's Orascom Telecom Media Technology (OTMT) said on Monday it would give shareholders much of the $1 billion it stands to gain by selling its stake in Mobinil and…
Egypt bourse asks OTMT for details on Mobinil deal
CAIRO: Egypt's stock exchange has asked Orascom Telecom Media and Technology for more details on a deal for France Telecom to buy out most of OTMT's stake in jointly telecom…
EFG Hermes share trading resumes after statement on CEO
CAIRO: Egypt's stock exchange briefly suspended trade in EFG Hermes shares on Tuesday but resumed dealing after the investment bank issued details about its Chief Executive Yasser El-Mallawany, who faces…
Briton allowed to leave Egypt after travel ban
CAIRO: A British charity worker who was barred from leaving Egypt last week over an investigation into non-governmental organizations operating in the country was cleared to return to Britain on…
Hackers claim attack on American tear gas company
LONDON: A US security company whose tear gas has been used against Egyptian demonstrators has become the latest victim of the Anonymous movement, hackers claimed Tuesday. In a…
Released Australian journalist tells of torture in Egypt
SYDNEY/CAIRO: An Australian journalist who was held in Egypt on suspicion of paying Egyptians to stage protests against the authorities Tuesday denied the claims and told how he could hear…