Egypt's benefit from Arab GDP hike minimal, says expert
Government looks to industrial contribution to GDP for future growthCAIRO: Egypt is less likely to reap the benefits of the latest increase in total Arab gross domestic product, says economist…
EFG adjusts cement valuations on costs
CAIRO - Investment bank and equities researcher EFG-Hermes has raised its long-term fair value estimates for three Egyptian cement companies because of their exposure to a more favorable export market.But…
Amlak Finance to offer first Islamic mortgage loans in the Egyptian market
NoozzAfter nearly four years of bargaining between the United Arab Emirates' Amlak Finance Company and the Egyptian Mortgage Finance Authority, the company has decided to launch an operation in Egypt.The…
AMOC bidders seek feedstock details-minister
CAIRO: Potential buyers have asked Egypt s government for more details on supply of raw materials before they commit to buy 50 percent of Alexandria Mineral Oils Company (AMOC), a…
Orascom Telecom looks to control Hong Kong's Hutchison
Subsidiary Mobinil enters 3G negotiations with NTRASINGAPORE: Orascom Telecom (OT) Chairman Naguib Sawiris said Monday the company is looking to buy a controlling stake in Hong Kong s Hutchison Whampoa…
US civil rights lawyer to be sentenced for aiding Egyptian sheikh convicted in terror plot
Associated PressNEW YORK: A judge is to decide Monday whether to send a civil rights lawyer to prison for what could be the rest of her life for allegedly allowing…
Press round-up: Straw's anti-niqab remarks spark debate
Cholera threat assessed in local press; judges hold first meeting after passing of new lawTaking the spotlight in this week's news is a debate over the niqab initiated by Jack…
World Food Day marks a busy month for the United Nations
In an effort to raise awareness of its eight development goals, UN schedules series of eventsCAIRO: The United Nations local offices are planning a series of events to raise awareness…
Ramadan jewel on the banks of the Nile
Spectacular view and great food make for an evening to rememberCAIRO: With Ramadan in its final week, I decided to check out the Grand Hyatt's Ramadan tent after hearing rave…
