Before any action was taken to resolve the controversy regarding the use of chemical weapons in Khan Sheikhoun in Syria, the US launched a series of military strikes against the country, possibly signalling a fundamental change in Washington's (...)
Egyptian investment bank FEP Capital expects to complete initial share offering of business tycoon Ahmed Abou Hashima's Egyptian Media Company in 2018, FEP chief executive Omar El Maghawry said Tuesday.
FEP Capital, part of regional First Equity (...)
Egypt plans to launch international bonds ranging between $2 billion and $2.5 billion within the first half of next January, the country's finance minister said Monday.
"The launch was supposed to be within this November, but the U.S. elections and (...)
Egypt-based investment bank Acumen Holding has won the management of the Housing and Development Bank's (HDB) newest real estate mutual fund, chairperson Rana Adawi announced Monday.
"We expect the fund will be launched within the first quarter of (...)
Egypt's second biggest bank, state-owned Banque Misr has provided around $825 million to cover import payments since the central bank devalued pound on November 3rd, vice chairman said Monday.
"We opened letters of credit worth around $825 million (...)
Egypt's investment bank Beltone Financial has completed the acquisition of micro finance enterprise Reefy and is looking into more upcoming deals, its vice chairman Magued Shawky announced Monday.
Beltone is studying carrying out a number of new (...)
Foreign investments in the Egyptian treasury bills have reached $500 million since the country's central bank devalued the local currency on November 3rd, finance minister said Monday.
Egypt is targeting foreign investments ranging between $8-10 (...)
The President of Cyprus N. Anastasiades stated that Cyprus is aiming to enhance the bilateral commercial relationship and links with Egypt due to the importance of the Egyptian market and its potentials for alluring investments.
Several huge (...)
Tarek Amer, Federation of Egyptian Banks Chairman, criticized government policy concerning providing licenses for industrial firms. He called Ministry of Industry and Foreign Trade to facilitate licensing procedures to boost industrial growth rates (...)
Two newly formed liberal parties, the Social Democratic Party and the Free Egyptians Party, presented their applications for establishment to the Political Parties Affairs Committee on Tuesday.
The committee, however, declined to receive the (...)
CAIRO: Dominic Adiyiah played an instrumental role in Ghana's impressive campaign to their third final appearance in the FIFA U-20 World Cup. Ahead of Friday's final clash against four-time-U-20 World Champions Brazil, the competition's top scorer (...)
CAIRO: More and more football enthusiasts continue to watch Egypt's U-20 national football team excel in the World Cup, however very few know that the team's performance is a result of not only physical, but mental training as well.
"Mental (...)
CAIRO: The Egyptian Olympic Committee's (EOC) extraordinary general assembly postponed its elections pending the International Olympic Committee's (IOC) approval on the new charter.
The elections were originally scheduled for May 15.
"We (...)
CAIRO: Just two weeks after the Beijing Olympics and sports officials are exchanging accusations of bad planning and favoritism, blaming each other for Egypt's failure to win all but one bronze medal at the games. After Beijing came to a close, (...)
CAIRO: In spite of the approval of the new executive statute for sports federations by a majority vote during the Extraordinary General Assembly of the National Olympic Committee (NOC) held last Monday, controversy still dominates the scene between (...)
CAIRO: The vast majority of officals in Egypt s sports federations have shown their support for an executive statute issued recently by the National Sports Council, calling it a step in the right direction in the sports industry.
Among the most (...)
CAIRO: The National Sports Council recently issued an executive statute for sports clubs in Egypt, kicking up a storm of controversy among some sports clubs officials. Others have welcomed the new rules with open arms.
The most contentious (...)
CAIRO: The World Wrestling Federation gave Egyptian wrestler Mohamed Abdel Fattah the green light to participate in the final qualifying stages for the upcoming Olympics, despite a lawsuit filed against him by the World Anti-Doping Association at (...)
CAIRO: In a mediocre encounter, Argentina took full advantage of Egypt's poor defense and improper marking to strike twice in the second half to claim a well-earned 2-0 victory against Egypt in an international friendly.
During the game, which (...)
CAIRO: The Argentinian national team arrived in Cairo Monday for their friendly with the Egyptian national team to be held at 8 pm tonight at the Cairo Stadium.
Dressed in their blue tracksuits, team Captain Javier Zanetti and Sergio Agüero (...)
CAIRO: Ever since he was a child, he was determined to follow his dream, to become a player in the national soccer team and to guide Egypt to victory on the international level. It was during this year's African Cup of Nations in Ghana that Zidan (...)
CAIRO: For almost two decades, he has been a key player in the national volleyball's squad. His extraordinary spike skills have frequently helped Egypt seal memorable victories in highly competitive games, and in 2000 he was named team captain (...)
CAIRO: He's among Egypt's most prominent boxers in the last decade. His extraordinary talent empowered by his tenacious determination and perseverance have earned him almost every title in the boxing world. At the age of 29, he's enormously eager to (...)
CAIRO: The Egyptian Weightlifting Federation has unanimously decided to strike off its register two high-profile weightlifters during a board meeting on Monday.
Nahla Ramadan, a former world youth champion, and Esmat Mansour, who has secured a (...)
CAIRO: The International Handball Federation has officially awarded Al Ahly club the privilege of hosting the prestigious third edition of the Super Globe Competition where five continental champions will compete from June 4 to 10 to choose the (...)