Enel sells Weather stake to Sawiris for $2.6 bln
CAIRO: Enel has agreed to sell its remaining 26.1 percent stake in Weather Investments to controlling shareholder Naguib Sawiris for ?1.962 billion ($2.59 billion), the Italian energy firm said on…
Mobinil rules out offering additional shares in stock market
CAIRO: Alex Shalabi, Managing Director and CEO of Mobinil, ruled out that the largest mobile phone service provider in Egypt would offer additional stocks to investors in the Cairo &…
Mohieddin says public pharmaceutical companies not for sale to strategic investors
NDP's Khattab says his statements are provisionalCAIRO: Minister of Investment Mahmoud Mohieddin said Thursday stakes in public pharmaceutical companies will not be offered to strategic investors, whether Egyptian or foreign,…
Oh no, the skinny pants are back
Tights are in, but would men wear them?In 1956 leggings made their way from the dancing artsy scene into the wardrobes of the likes of Audrey Hepburn instantly becowming a…
Sci-tech: Voice, video and va-va-voom
High-speed internet telephony has never been so accessibleAs we bid a fond farewell to the 56.6 kb/s dial-up connections of our past and forge forward into the high-speed broadband that…
Where's my tuna gone?
Eat your Tuna quick and store that can because in a few years this sea delicacy may be hard to find.According to the International Commission for the Conservation of Atlantic…
Lose weight, enjoy the golden years
Moderate weight loss is proven healthy to older womenNEW YORK: Shedding just a few pounds can be beneficial to older women s health, and doesn t result in loss of…
Mubarak to visit Germany this month
Leaders to discuss trade, mid-east peace and budding economic tiesCAIRO: Underlining burgeoning economic ties and Egypt's importance as a peace broker in the Middle East, President Hosni Mubarak is set…
Arab League to host ministerial meeting of Iraq neighbors
Ministers will call for end to sectarian violence threatening regionThe Arab League will host a meeting of foreign ministers from Iraq's neighboring countries in Cairo on Dec. 5, according to…
State-owned insurance post LE 619.3 mln net
CAIRO: State-owned insurance companies posted remarkable growth in net profits to LE 619.3 million in the fiscal year 2005-6 compared with LE 540.6 million a year earlier.Mahmoud Abdullah, chairman of…
