Entrepreneur Profile: Ahmed Shabana brings pharma business on line
* Ahmed Shabana, founder of online pharmacy AgzaKhana.com # @ CAIRO: “I love the creativity and sense of ownership that being an entrepreneur provides,” said Ahmed Shabana, founder of online…
Egypt could block OT bid for Vodafone unit: source
CAIRO: Egypt's regulator will not allow Orascom Telecom (OT) to buy a stake in Vodafone's Egypt unit if the deal gives OT management stakes in two competing firms, a telecoms…
Radars for growth
KUALA LUMPUR: There is a hobby that one sees retirees or others with plenty of time on their hands partaking in. They strap long metal detectors on their arms and…
Alcotexa sells 906 T cotton in past week
Egypt's Alexandria Cotton Exporters' Association (Alcotexa) agreed to sell 906 tons of cotton in the week that ended on May 29, an Alcotexa official told Reuters on Sunday. The sales…
Serbia, Egypt sign agreement on air traffic
Serbia and Egypt signed a new agreement on air traffic cooperation, a bilateral agreement that defines commercial relations between air transporters, selection of airline companies, their nomination, security area, harmonization…
OT expects clarity on MTN talks within days
Egyptian telecommunications firm Orascom Telecom (OT) expects to know the outcome of talks to sell some of its African assets to South Africa's MTN within days, it said on Sunday.…
Surging OT shares buoy Egypt index
Heavyweight Orascom Telecom (OT) surged 12 percent, its biggest rise since January 31, after it said it expects to know the outcome of talks to sell some of its African…
Israel denounces NPT 'hypocrisy' as Iran hails accord
TORONTO: Israel Saturday denounced as "hypocritical" a resolution adopted by the Non-Proliferation Treaty's 189 nations and said it would refuse to take part in a conference on a nuclear-weapons-free Middle…
Lebanese vote in final round of municipal elections
BEIRUT: North Lebanon went to the polls on Sunday for the last day of voting in municipal elections, with Prime Minister Saad Hariri's list touted to win in the Sunni…
Israeli air strike follows Gaza rocket attacks
GAZA CITY: Israeli warplanes launched a double air strike overnight on targets in the Gaza Strip after insurgents fired two rockets at the Jewish state, Palestinian and Israeli military officials…