OCI posts 53 percent rise in H1 net profit
CAIRO: Orascom Construction Industries (OCI) first-half net profit rose 53 percent on…
Median interbank rate steady at 8.5 percent
CAIRO: The median overnight interbank rate on the pound was stable at…
Internet giant bases Middle East activities in Egypt
CAIRO: Google Inc., the company behind the world's most popular search engine,…
DJ Junior talks about the party scene
Local partygoers more interested in the venue than the DJCAIRO: DJ Junior…
Naguib Mahfouz, an icon of Arab literature, passes away at 94
With a Nobel Prize for Literature, an Order of the Nile, a…
Polavara to raise $41 million in rights issue
CAIRO: Textile firm Arab Polavara plans to raise LE 234 million ($41…
Smoke fears force EgyptAir plane to land in Canada
OTTAWA: An Egyptian airliner flying from Cairo to New York with 313…
Heavy jail terms handed down in corruption case
CAIRO: A well-known Egyptian businessman and several public bank officials were handed…
Dubai no longer an employee's paradise
Rising costs of living are forcing many foreigners homeward boundDUBAI: Ali Mahmoud,…
Increased IT development vital to Egypt's future
CAIRO: With studies indicating only 4 percent of Egyptians own computers, the…