Interbank rate rises to 8.25 percent
CAIRO: The median overnight interbank rate on the pound rose to 8.25 percent on Tuesday from Monday s 8.123 percent with market conditions largely unchanged, bankers said. Four of seven…
Calyon Egypt Jan-March net up 481 percent
Head: CAIRO: Calyon Bank Egypt reported a net profit of LE 22.1 million ($3.8 million) in the three months to the end of March, the stock exchange said in a…
Serb mobile phone firm attracts 10 suitors
BELGRADE: Serbia s privatization agency said 10 firms had expressed interest in the purchase of Mobtel, its first mobile phone company now renamed Mobi 63, at a starting price of…
Al Ahly takes home league title
CAIRO: Two goals in the first 10 minutes set Al Ahly up for a 2-0 win over arch rivals Zamalek in the Cairo derby and a 31st Egyptian league title.…
Forgotten history and the sites left behind
CAIRO: Before the 1952 revolution, the Egyptian flag contained a crescent and three stars, each star representing each one of the country's main religions; one symbolized Egypt's 75,000 Jews at…
Moving toward an electronic government
CAIRO: Raya Holding, one of the biggest information technology and telecom solutions providers in Egypt, held a series of presentations and seminars yesterday as part of their three-day annual Raya…
Violence during judges' protests dominates independent press
CAIRO: The aftermath of protests in support of prosecuted judges is still making headlines in independent and opposition papers. "Egypt trampled by security police, read Al-Fajr's front page. "The truncheon…
More Sinai bombings suspects detained
CAIRO: Police have detained four more people suspected of involvement in the triple suicide bombings that killed 20 in the Sinai Peninsula last month, security sources told AFP Monday. The…
