Health ministry pulls 14 diabetes drugs off market over heart complications concerns
CAIRO: The Ministry of Health decided to take 14 anti-diabetic drugs off the market to prevent possible health risks. The ministry stipulated in a statement issued on Saturday, that all…
Muslim nations called to resist Islamophobia
UNITED NATIONS: Muslim nations must collectively resist growing Islamophobia in the US and Europe, the head of the world's largest organization of Islamic countries told ministers from the 57 member…
Egypt approves plan to resolve TMG land dispute
CAIRO: Egypt's government said on Sunday it had approved a legal committee's plan to resolve a land row around the country's biggest listed developer's flagship project, a dispute which has…
Rachid appointed acting investment minister
CAIRO: Egypt's Minister of Trade and Industry Rachid Mohamed Rachid will act as minister of investment, replacing Mahmoud Mohieldin, who has resigned to take up a post at the World…
Egypt may restructure investment ministry, says PM
CAIRO: Egypt's Prime Minister said on Friday that the government may restructure its investment ministry after the investment minister leaves next month and the non-banking financial regulator could be made…
Egypt 357-day T-bills average yield up to 10.610 pct
CAIRO: The average yield on Egyptian 357-day treasury bills rose slightly to 10.610 percent at an auction on Thursday from 10.547 percent at the last auction on Sept. 2. The…
Egypt 182-day, 91-day T-bills average yield down
CAIRO: The average yield on Egyptian 182-day Treasury bills fell to 9.936 percent at an auction on Sunday, versus 10.052 percent at last week's auction, the Central Bank said. The…
SODIC gets loan to speed up Allegria work
CAIRO: Property developer SODIC said on Sunday it had secured a LE 350 million ($61 million) loan from the Bank of Alexandria to speed up construction at its flagship Allegria…
Misr Aswan to return money to Palm Hills
CAIRO: Egypt's Misr Aswan Tourism said on Sunday its shareholders agreed to scrap a land sale contract with the country's second-biggest listed property firm, Palm Hills Developments, and return money…
Central Asia’s perfect storm
FLORENCE: Dean Acheson, US President Harry Truman’s Secretary of State, liked to quote a friend who said that being in government made him scared, but that being out of it…
