EFG-Hermes share issue drags Egypt bourse lower
CAIRO: Egyptian investment bank EFG-Hermes led a fall on the Egyptian bourse on Thursday after it announced it would increase its capital by issuing more shares, traders said.At an extraordinary…
Egypt median o/n interbank rate steady at 8.40 percent
CAIRO: The median overnight interbank rate on Egypt s pound held broadly steady at 8.4 percent on Thursday from 8.413 percent on Wednesday, after a central bank auction in the…
Vodafone Egypt says Q3 net profit up 34 percent
CAIRO: Vodafone Egypt said on Thursday its net profit for the third quarter to end-December rose 34 percent to LE 430 million ($75 million) compared with a year earlier.A subsidiary…
Mido and crowd hold key for Egypt
CAIRO: Egypt are hoping they will be able to bank on top striker Mido and a fickle home crowd in Friday s African Nations Cup quarter-final against the Democratic Republic…
And now for the quarter-finals.
CAIRO: Over the span of 11 days, 16 nations at the 25th African Cup of Nations fought to cement their place in the quarter-finals. After injuries, extra-time and plenty of…
Bani Mazar killings provoke nationwide speculation
CAIRO: In yet a new twist in the case of the killing spree that took place in Shams El Din Bani Mazar in El Menia that rocked the country, the…
Press Syndicate discusses press freedom, honors three journalists
CAIRO: Following several incidents regarding Egyptian journalists, the press syndicate put together a closed discussion on the status of press freedom and its future in Egypt, honoring three "courageous journalists.…
Egypt highlighted as an example of political reform in State of the Union address
CAIRO: It was January 1790 when America's first president, George Washington, delivered the first address detailing to Congress and consequently to the American people, the state of the union, his…
Egypt mediation makes shaky start with Palestinians
CAIRO: Egypt made a shaky start on Wednesday in its mediation on the future of the Palestinian Authority after the militant Islamist group Hamas won last week s parliamentary elections.After…
Al-Wafd Party crisis continues
CAIRO: The stakes were raised in the internal crisis in the Al-Wafd Party, as Noaman Gomaa, overthrown chairman of Al-Wafd, was barred by his rivals from the party's headquarters for…
