Cairo Opera House hosts Cuban national ballet company performing "The Magic of Dance"
CAIRO: The Ballet Nacional de Cuba is presenting "The Magic of Dance in Cairo and Alexandria over the next coming few days. Considered to be one of the most prestigious…
AUC's library receives grant to preserve collections
CAIRO: The American University in Cairo s Rare Books and Special Collections Library has received a grant of $127,450 (just over LE 731,500) from the U.S. National Endowment for the…
India's Marico buys Egyptian hair product brand
MUMBAI: Indian consumer goods maker Marico Ltd. said on Wednesday it had bought Fiancee, a hair care brand owned by Egypt s Ready Group, for an undisclosed sum. The Fiancee…
Egypt's Attaka to buy state-owned Suez Steel
CAIRO: Egyptian steel company Attaka has won a deal valued at LE 1.1 billion ($192 million) to buy the state s 82 percent stake in Suez Steel, state news agency…
Egyptian market priority for Nokia
The company s strategy in the upcoming phase and the tastes of local consumersCAIRO: With the number of current mobile phone subscribers topping 14 million and with the new third…
Opposition forces say American president's statements imply he wants Gamal in office
CAIRO: U.S. President George Bush's praise for a group of top National Democratic Party (NDP) members close to the president's son and high-profile NDP figure Gamal Mubarak has sparked angry…
Egyptian security forces seize weapons on Gaza border
RAFAH: Egyptian security forces on Tuesday discovered a cache of weapons on the Gaza border destined to be smuggled into the Palestinian territories, security sources said. Thirty-two automatic rifles, around…
Mansour appeals to investors to upgrade transportation
No plans to privatize railroads; $1 billion transport holding company establishedCAIRO: Minister of Transport Mohamed Mansour says the planned LE 8.5 billion upgrades to the country s 100-year-old railway system…
Stocks slightly higher, housing sector up
CAIRO: Stock indexes rose slightly on Wednesday as the housing sector surged, led by gains in Sixth of October Development and Investment (SODIC), which plans a capital increase, traders said.…
Suez dredger sinking kills two, canal shut briefly
ISMAILIA: An Egyptian dredger sank in the Suez Canal on Wednesday, killing two of the 45 crew and prompting a brief closure of the busy international waterway as rescuers searched…
