Al-Qaeyi refutes Hamza rumors
CAIRO: Ahly marketing director Adli Al-Qaeyi denied that the club had signed Zamalek striker Gamal Hamza.Earlier reports speculated that Hamza, whose contract with Zamalek expires by the end of the…
Exchange of fire in Gaza, first time since June
JERUSALEM: Israeli rescue services Wednesday reported a massive cross-border rocket barrage by Palestinian militants from the Gaza Strip - hours after an Israeli air strike in the first major exchange…
Yes we can, says Obama after landslide victory
CAIRO: Forty years after the assassination of civil rights activist Martin Luther King and 45 years after his stirring "I have a dream speech, the United States elected the first…
Egypt's Mubarak awaits Obama's Middle East peace efforts
CAIRO: President Hosni Mubarak of Egypt, whose country is a key US ally in the region, said on Wednesday he hoped American president-elect Barack Obama would work towards peace in…
Obama's victory and the global economy
CAIRO: Around the world, people watched the US elections with interest, a certain amount of admiration, and a healthy dose of skepticism. There's no doubt that an Obama victory was…
EFG-Hermes fund to tap undervalued stocks
DUBAI: Egypt's EFG-Hermes said on Tuesday it was planning a "special situations fund worth some $500 million to take advantage of low equities prices amid the global financial turmoil. Hazem…
Beltone report: A positive outlook on Egypt's economy
CAIRO: Inflation and interest rates have soared. Growth rates are contracting. The stock market has fallen to erratic lows. Though Egypt's economic picture seems bleak, Beltone Financial argues the country…
A melancholic northern breeze
Nights of Eastern-Western Fusion, a concert series organized by the Norwegian Embassy in Egypt, brought saxophonist Trygve Seim, accordionist Frode Haltli, and vocalist Tora Augestad together at El Sawy Culture…