Life, liberty, massages
By Heba Elkayal It seems that my springs are always doomed. You see, every year both my social life and working life are as dormant as a hibernating bear in the…
Oil falls as investors eye US economy, Saudi output
SINGAPORE: Crude fell on Monday, extending WTI's record discount to Brent to almost $20, as growing investor concern about a slowdown in the United States and other industrialized economies combined…
British investors eye Egypt’s solar, auto, healthcare sectors
CAIRO: Coming to a sunny Cairo in June, Roberto Arcadu, senior advisor for the Italy-based Solar Investment Group, has big plans for Egypt’s renewable energy sector. To his surprise, solar…
Main suspect in 2009 Khan Al-Khalili bombing captured-sources
CAIRO: Egyptian security forces have captured the main suspect in a 2009 bombing at a popular Cairo tourist bazaar that killed a French teenager, security sources said on Sunday. The…
MAF Holding plans up to $4 bln bond program: sources
DUBAI: Dubai's Majid Al Futtaim Holding, sole franchisee of hypermarket chain Carrefour in the Gulf, plans to set up a medium term notes program, potentially worth up to $4 billion,…
Kabo posts nine-month net loss: bourse
CAIRO: Egyptian garment maker El Nasr Clothing & Textile Co (Kabo) reported a net loss of LE 10.7 million ($1.8 million) for the nine months to end-March, the stock exchange…
Ezz Steel, developers help lift Egypt
CAIRO: Ezz Steel and real estate developers helped lift Egypt's benchmark index higher in early trade buoyed in part by government comments that some investors took as a signal of…
Food prices on the rise in Egypt
CAIRO: Egyptian consumers are feeling the heat of increasing food prices, which vendors and retailers attribute to rising prices globally. Emad Ahmed, who runs a small grocery store with his…
Lady Gaga hails ‘revolutionaries of love’ at gay parade
Lady Gaga hailed gays on Saturday as the "revolutionaries of love" and called for "full equality now" for same-sex couples around the world in a speech in front of hundreds…
EU marine patrol intercepts migrants off Crete
ATHENS: An EU marine patrol on Saturday intercepted around 100 migrants near the Greek island of Crete as they attempted to sail from Egypt to Italy, the Greek coastguard said.…