Ex-chairman Mortada Mansour is sentenced to three years
CAIRO: On Wednesday May 2, Mortada Mansour, former chairman of Al-Zamalek Sports Club and ex-parliament member, was charged with a three year jail sentence by the Dokki Misdemeanors Court.Mansour was…
Olympic champion apologizes to wrestling federation
CAIRO: The Egyptian Wrestling Federation has pledged once again to exert its utmost efforts in support of its Olympic Champion Karam Gaber - with the condition that the wrestler fully…
Egypt seeks loans of overseas artifacts
Egypt said Sunday it would seek the temporary return of some of its most precious artifacts from museums abroad, including the Rosetta Stone and a bust of Nefertiti.The country s…
Angry employer beheads worker with sword for not milking cows
RANCHI, India: An employer in eastern India beheaded one of his workers for failing to milk his cows, police said on Saturday. Neighbors watched in horror as Upendra Yadav was…
Catholic priest turned Muslim speaks about Canada
CAIRO: Renowned ex-Catholic priest and convert to Islam, Idris Tawfiq, gave a lecture Monday night at the Canadian Embassy in Cairo.The lecture, entitled "Shaping a Canadian Muslim Identity, gave Tawfiq…
Mobinil Q1 net income rises 28 percent
Egyptian mobile phone operator Mobinil said on Sunday first-quarter net income rose 28 percent to LE 397 million ($69.9 million) from LE 311 million a year earlier.Earnings before interest, taxes,…
Abu Dhabi Islamic to Consider Egypt Bank Takeover
Abu Dhabi Islamic Bank (ADIB) said its board of directors will meet on Wednesday to discuss acquiring Egypt s National Bank for Development (NBD).ADIB directors will also consider the establishment…
Egypt stocks up on housing, real estate prices
CAIRO: Egyptian stock prices rose on Monday with continuing interest in the housing and real estate sector because of high prices at a government land auction. Ezz Steel, the most…