Beltone hosts MENA investment conference
Cairo-based investment bank Beltone Financial kicked off its third annual MENA Investment Conference in New York, to provide US institutional investors with a comprehensive update on investment opportunities and regulatory…
Activist, lawyer accused of defaming the judiciary speaks to prosecution office
CAIRO: The Cairo appeals prosecution office on Monday listened to the testimony of the director of the Arab Center for the Independence of the Judiciary, Nasser Amin, who is accused…
Hassan tight-lipped on Al-Badri row
CAIRO: Ahly midfielder Ahmed Hassan said he will comment on his row with manager Hossam Al-Badri at the end of the season. "It is not the right time to speak…
Arafa to distribute bonus share, forms JV
Arafa Holding, Egypt's biggest garment exporter, will distribute a dividend of one share for every 10 owned, the firm said on Monday. Later in the year, it will distribute yet…
Ezz Dekheila Steel Q1 profit up 47 pct
Ezz Dekheila Steel, a unit of Ezz Steel, increased its first quarter net profit 47 percent from a year earlier, the stock exchange said on Sunday. The firm made a…
Ahly welcome back Fathi for Cairo derby
CAIRO: Ahly's versatile midfielder Ahmed Fathi has recovered from injury in time to take part in Wednesday's Cairo derby against Zamalek, the Egyptian champions said on Monday. Fathi, one of…
Citadel opens Sudan plant to power cement factory
CAIRO: Private equity firm Citadel Capital inaugurated a power plant in Sudan through its subsidiaries, Taqa Arabia, an energy firm, and Asec Cement. The opening of the $67 million plant…
Egypt jumps 11 places in competitiveness index
CAIRO: Egypt jumped 11 places to rank 70th in the Global Competitiveness Index (GCI), up from 81 in 2009. However, the overall improvement was largely based on deteriorating conditions in…
Iraq appoints first ambassador to Egypt in two decades
CAIRO: On Saturday, Egyptian Foreign Minister Ahmed Aboul Gheit received Iraq’s new ambassador to Egypt, Nizar Eissa Al Khairullah, the first appointed to Egypt after two decades of patchy…
Brotherhood demands release of 191 detainees
CAIRO: Muslim Brotherhood lawyer Abdel Moneim Abdel Maqsoud, filed an official request to the Prosecutor General, the Head of the Cairo Appeals Court and the Minister of Interior demanding the…