MEDEF delegation visits New Suez Canal to discuss investment opportunities
CAIRO: A delegation of the international Movement of French Enterprises (MEDEF) is scheduled to visit the New Suez Canal project Wednesday with the aim of reviewing the available investment...
View ArticleIslamic State kills five policemen near Baiji refinery
BAGHDAD: Islamic State has killed five policemen in a town near Iraq’s biggest refinery, in an attack that may help ease pressure on some of its fighters trapped in the strategically important...
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Video: Sadat metro station at Tahrir Sq. reopens after 671 days of closure
Video: Sadat metro station at Tahrir Sq. reopens after 671 days of closure.
View ArticlePolice officer killed, 3 soldiers injured in roadside bomb in Sinai
CAIRO: An army officer was killed and three soldiers were injured in restive Sinai Peninsula Wednesday morning after a roadside bomb exploded beside their armored vehicle, security source told Youm7...
View ArticleEgypt says foils attack in North Sinai, kills 7 suspected militants
CAIRO: Egypt’s army said on Wednesday it had foiled an attack against security forces in the restive North Sinai region, killing seven suspected militants and destroying two weapon caches. The...
View ArticleEU, WFP launch project to fight child labor through education
By EU and WFP BENI SUEF, EGYPT: The Ambassador of the European Union (EU) and the United Nations World Food Program (WFP) Representative in Egypt made their first field visit yesterday to their joint...
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Egypt deports 47 Sudanese attempted to illegally travel to Italy
CAIRO: The Egyptian authorities have deported 47 Sudanese nationals to their country after attempting to illegally immigrate to Italy through the Mediterranean Sea, DPA reported Wednesday. On board of...
View ArticleAl Qaeda in Yemen execute 2 Saudis accused of spying for America
SANAA: Al Qaeda militants in Yemen executed two Saudi men accused of spying for the United States on Wednesday, two eyewitnesses said, a day after the group announced its leader was killed in a...
View ArticleSisi pardons 165 protest law prisoners ahead of Ramadan
CAIRO: President Abdel Fatah al-Sisi pardoned Wednesday 165 prisoners, including minors, convicted of breaching the 2013 protest law, according to a Wednesday presidential statement. Sisi signed the...
View ArticleGovernment to bid for 8B EGP in T-bills Thursday
CAIRO: The Central Bank of Egypt (CBE) on behalf of the Ministry of Finance is scheduled to auction 8 billion EGP ($1.04 billion) in treasury bills Thursday, according to the bank’s official website....
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Arabian Cement launches social startup-program in Suez
CAIRO: Arabian Cement Company (ACC) announced during a press conference the launch of its social start-up program, “Khaleeha Suessi”, helped by Nahdet El Mahrousa (NM), the first incubator of early...
View ArticleAl-Jazeera used trial of journalists to ‘wage war’ against Egypt: Fahmy
CAIRO: Qatari Al-Jazeera channel has paid “millions of dollars” on the trial of its journalists in Egypt to “wage a war” against the country, former Al-Jazeera journalist Mohamed Fahmy claimed in a...
View ArticleEGX shuts on positive note, benchmark almost flat
CAIRO: The Egyptian Exchange (EGX) ended in the green at the close of Wednesday’s session, backed by local purchases. The benchmark index EGX30 was almost flat, adding a slight 0.01 percent, to end at...
View ArticleVideo: Stay tuned for Bakar series in Ramadan
Video: Stay tuned for Bakar series in Ramadan.
View ArticleEgyptian dairy maker Domty plans to list on Cairo bourse by early next year
CAIRO: One of Egypt’s top dairy makers, Arabian Food Industries Co.(Domty), plans an initial public offering (IPO) on the Cairo bourse this year, or early in 2016, its vice CEO said. Mohamed El Damaty...
View ArticleEgypt’s progress at New Suez Canal ‘impressive’: U.S. ambassador
CAIRO: U.S. ambassador to Cairo Stephen Beecroft said he is “impressed” by establishing the New Suez Canal ahead of the expected schedule, he said Tuesday in press statements. Establishing the new...
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