Ahly sign Algerian playmaker
CAIRO: Ahly have announced the signing of 20-year-old Algerian playmaker Amir Sayoud on a five-year contract.While confirming the deal, the Red Devils official website is yet to unveil the transfer…
Egypt police kill migrant near Israel border
AL-ARISH: Egyptian police shot dead a migrant on Wednesday as he tried to enter Israel illegally, a security official said.The official did not identify the nationality of the dead man,…
US to return ambassador to Syria amid détente, says report
WASHINGTON: President Barack Obama is to return a US ambassador to Syria after a four-year absence, in the latest step in the US administration s efforts to engage Damascus, US…
Speculation mounts over imminent Shalit release, despite Israeli refutations
CAIRO: Speculation has mounted over the fate of captured Israeli soldier Gilad Shalit, who, reports claim, is to be released to Egyptian custody before handing him over to Israel.Israeli officials…
Egypt's OT says Mobinil row not hurting ops
CAIRO: Orascom Telecom s chairman said on Tuesday that France Telecom, its partner in the jointly owned Egyptian mobile firm Mobinil, was in the business of value destruction. Naguib Sawiris…
Pharos launches first equity fund
Taking advantage of new regulations set by the Capital Market Authority (CMA), Pharos Holding launched Tuesday its equity fund, Pharos Fund I.It's the first fund of its kind, Pharos said,…
UNB-Egypt moves forward with expansion plans
Union National Bank (UNB) Egypt is forging ahead with its expansion strategy and plans to have a total of 30 branches across the country by year's end. While this would…
One On One: MyGlobal looks to transcend borders for ease in banking
Ahli United Bank specializes in making connections. Together with its subsidiaries in Egypt, Qatar, Kuwait, Oman, Iraq and London, the Bahrain-based bank works to ensure that assets move as smoothly…