Al-Ahly football team launch challenge for African Champions League record win
CAIRO: Al-Ahly of Egypt launches their challenge for a record third consecutive African Champions League title at Highlanders of Zimbabwe Sunday. It is one of 15 second round, first leg…
Heroine dealers rape pregnant woman and her mother
CAIRO: A 53-old woman and her pregnant daughter were abducted and raped in the Fayed desert, Al Masaa daily reported. The rapists intercepted a car along the Cairo-Ismailia road, fired…
Egypt Kuwait Holding 2006 net profit up 1.7 percent
CAIRO: Egypt Kuwait Holding made consolidated net profit of $56.18 million in 2006, 1.7 percent up on 2005, the company said in a statement released through the stock exchange on…
Five-year plan targets $210.5 billion of investments
CAIRO: The Minister of Economic Development Osman Mohammad Osman said the investment target of the government s new five-year plan (2007-2012) amounts to LE 1,200 billion of which the private…
Shares fall 3 percent, cement and steel sectors hit after new duties
CAIRO: Two of the main national stock indexes fell more than 3 percent on Wednesday on the back of a global market sell-off, with the cement and steel sectors also…
Three mortgage finance companies to enter market this year
Saleh: lending to reach LE 2.5 billion by year endCAIRO: Mortgage Finance Authority (MFA) Chairman Osama Saleh said Monday his office is looking to license three more mortgage finance companies…
Sweden overturns expulsion order against Egyptian deported by American agents
STOCKHOLM: Sweden has overturned an expulsion order against a former Egyptian terror suspect handed over to American agents and deported from Sweden in 2001, the Justice Department said Thursday.The decision…
Arab peace initiative unacceptable, says Israeli FM
RAMALLAH, West Bank: Israeli Foreign Minister Tzipi Livni said the Jewish state can not accept an Arab peace initiative as it stands, according to an interview published in a Palestinian…
Canada assured by Egypt that alleged spy was not tortured
OTTAWA: Canada s Foreign Minister said Wednesday that he had received assurances from Cairo that an Egyptian-Canadian man accused of spying for Israel had not been tortured after being arrested…