AUC's Gerhart Center launches corporate sustainability capacity building program
CAIRO: With over 150 leaders from the private sector, the public sector and civil society from Egypt in attendance, the John D. Gerhart Center for Philanthropy and Civic Engagement…
Zamalek Fan storms training
CAIRO: A Zamalek fan stormed a training session on Wednesday and asked coach Hossam Hassan to give him a chance to play with the team. The man, who called himself…
Zaki to miss stoke clash
CAIRO: Hull City will once again miss Amr Zaki when they face Stoke City on Saturday as the Egyptian has yet to recover from injury. Zaki sustained a knee injury…
We are players, not divers: Gaafar
CAIRO: Zamalek striker Ahmed Gaafar rejected accusations of diving in the 1-0 victory over Ghazl Mahalla. "In Zamalek, we don't have divers. We only have football players," Gaafar told FilGoal.com.…
Entrepreneur Profile: Omar Fathy works his magic in the food industry
Omar Fathy wants to ruin your diet. The CEO of Divine Worx, the company behind the popular Makani sushi chain as well as Burger Joint, Zo and El Sit Hosneya,…
Eastern opens 1st phase of $1 bln complex
CAIRO: Egyptian cigarette monopoly Eastern Company has officially opened the first phase of its new LE 5.5 billion ($1 billion) industrial complex in Egypt's Sixth of October city. Eastern is…
Raya eyes unit sale, will pay dividend
CAIRO: Egypt's Raya Technology and Communication is set to sell its call centers to focus on higher returns outside its traditional operations, its chief executive said on Wednesday. The firm,…
Algeria rejects new Orascom tax claim: govt official
Egypt's Orascom Telecom on Thursday confirmed that Algerian tax authorities had rejected an appeal filed by its Algerian unit Djezzy. The firm, the Arab world's largest mobile operator by subscribers,…
Beltone downplays Algeria investment bank talks
Beltone has downplayed its plans to expand into Algeria, saying it was in preliminary discussions and does not have a year-end deadline. Al-Mal newspaper had quoted director Aly…
Egyptian bank HDB 2009 net profit more than doubles
Housing and Development Bank, which is raising LE 930 million ($169 million) to finish housing projects and expand its retail operations, reported net profit more than doubled in 2009. HDB…