Egypt's parliament passes unified real estate ID law    EGP stable vs. US dollar in early trade    Egypt's El-Khatib: Govt. keen on boosting exports    Eygpt's El-Sherbiny directs new cities to brace for adverse weather    Egypt's investment authority GAFI hosts forum with China to link business, innovation leaders    CBE governor meets Beijing delegation to discuss economic, financial cooperation    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's Gypto Pharma, US Dawa Pharmaceuticals sign strategic alliance    Egypt's Foreign Minister calls new Somali counterpart, reaffirms support    "5,000 Years of Civilizational Dialogue" theme for Korea-Egypt 30th anniversary event    Egypt's Al-Sisi, Angola's Lourenço discuss ties, African security in Cairo talks    Egypt's Al-Mashat urges lower borrowing costs, more debt swaps at UN forum    Two new recycling projects launched in Egypt with EGP 1.7bn investment    Egypt's ambassador to Palestine congratulates Al-Sheikh on new senior state role    Egypt's Health Min. discusses childhood cancer initiative with WHO    Egypt pleads before ICJ over Israel's obligations in occupied Palestine    Egypt's EDA discusses local pharmaceutical manufacturing with Bayer    Sudan conflict, bilateral ties dominate talks between Al-Sisi, Al-Burhan in Cairo    Cairo's Madinaty and Katameya Dunes Golf Courses set to host 2025 Pan Arab Golf Championship from May 7-10    Egypt expresses condolences to Canada over Vancouver incident    Egypt's Ministry of Health launches trachoma elimination campaign in 7 governorates    EHA explores strategic partnership with Türkiye's Modest Group    Between Women Filmmakers' Caravan opens 5th round of Film Consultancy Programme for Arab filmmakers    Fourth Cairo Photo Week set for May, expanding across 14 Downtown locations    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Ancient military commander's tomb unearthed in Ismailia    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Egypt's FM praises ties with Tanzania    Egypt to host global celebration for Grand Egyptian Museum opening on July 3    Ancient Egyptian royal tomb unearthed in Sohag    Egypt hosts World Aquatics Open Water Swimming World Cup in Somabay for 3rd consecutive year    Egyptian Minister praises Nile Basin consultations, voices GERD concerns    49th Hassan II Trophy and 28th Lalla Meryem Cup Officially Launched in Morocco    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Paris Olympics opening draws record viewers    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    

Articles of the author Compiled DailyNewEgypt
News in brief
NDB says reduces 2009 net loss to $83 mln Egypt s National Bank for Development (NBD) said on Thursday its net loss for 2009 fell to 458.1 million Egyptian pounds ($83.06 million) from 738.9 mln in 2008. Loans to customers dropped to 2.22 (...)

16 - 04 - 2010
Bahrain: Banking on the Future
BAHRAIN: Bahrain is looking to consolidate its position as one of the key players in the Islamic finance sector, working to build on its current position of strength and ensure it has the skills base to launch further expansion in the future. At (...)

16 - 04 - 2010
Syria: Raising the Bar
SYRIA: Syria s oil and gas sector is gearing up for a rejuvenation of sorts, with the minister of oil, Sufian Alao, announcing recently that the government expects oil production in the country to rise this year following 13 years of steady decline. (...)

16 - 04 - 2010
Egyptian Chefs steal the show
Egyptian chefs stole the show at the Istanbul International Gastronomy Festival held in Turkey on March 21, bringing home 14 gold, 8 silver and 3 bronze medals. Six of the winners came from the Intercontinental CityStars' kitchen, earning a total of (...)

15 - 04 - 2010
News in brief
Egypt to step up taxi scrappage plan: report Egypt will kick off on Thursday the second stage of a program to modernize the country's old taxis, state media said, potentially providing a boon to local auto firms. The second stage of the plan (...)

15 - 04 - 2010
News in brief
Real estate, OT help boost Egypt index Orascom Telecom (OT) and a bullish real estate outlook boosted Egypt's main index to fresh highs, in a rally traders said they expect to continue on Thursday and next week. "I see us going up to 7,700 (...)

14 - 04 - 2010
Political rivalry on the field
AP Photo/Bilal HusseinLebanese lawmakers from the Shia Muslim Hezbollah group and their allies alongside politicians in the Western-backed parliamentary majority pose for a picture after a friendly soccer match played at Beirut's Sports City, (...)

14 - 04 - 2010
News in brief
Egypt s index down 1.2 pct, OT slides Egypt s benchmark index closed 1.2 percent down, dragged by heavyweight Orascom Telecom (OT) which slid 1.7 percent as investors cashed in gains after shares rallied in the previous six sessions. Traders (...)

13 - 04 - 2010
Orphans' Day at CityStars
For the fifth year in a row, Intercontinental CityStars organized a charity even commemorating Orphans' Day at CityStars Center in Heliopolis on April 2. Over 150 children enjoyed a day of fun and games at the mall, playing at the Magic Galaxy (...)

12 - 04 - 2010
News in brief
OT leads Egypt index to 6th session of gains Egypt s benchmark index extended its rally for a sixth session, rising 0.9 percent on continuing speculation heavyweight Orascom Telecom (OT) will sell its Algerian unit Djezzy. OT, the largest Arab (...)

12 - 04 - 2010
News in brief
Egyptian inflation slowed to 12.2 pct in March Egypt s inflation rate declined for a second month in March, giving the central bank more room to keep its benchmark interest rates at a three-year low, says CAPMAS. Urban inflation, the main rate (...)

11 - 04 - 2010
Spain aims to revive Mideast peace talks
PARIS: Spain aims to revive the Middle East peace process, working with France and Egypt in the run-up to a Mediterranean summit in Barcelona in June, the Spanish foreign minister said Saturday. We are talking to France and Egypt . to restart the (...)

11 - 04 - 2010
Semiramis InterContinental bids farewell to Jurgen Baumhoff and welcomes Michael Koth
A cocktail reception dubbed "-196?c" was held last month featuring live cooking demonstrations of liquid nitrogen cooking at The Grill Restaurant & Lounge. A selective crowd from various industries within the Cairo society was present to bid (...)

08 - 04 - 2010
News in brief
South Valley Cement 2009 net profit at $28 mln Egypt s South Valley Cement posted 2009 net income of LE 151.8 million ($27.5 million), up from LE 6.5 million in 2008, the stock exchange said on Thursday. The exchange gave no other details. (...)

08 - 04 - 2010
Letter to the Editor: Human rights in Venezuela
I have read very closely the article by Vaclav Havel, Mikhail Kasyanov and four others, under the title "Freedom arrested in Venezuela¨ (April 6, 2010, page 7) As the Ambassador of Venezuela in Cairo and from my view as a Venezuelan citizen, I (...)

08 - 04 - 2010
News in brief
Egyptian mobile subscriptions up 642,000 in Feb The number of mobile phone subscriptions in Egypt rose by 642,000 to 56.49 million in February, according to communications ministry data. The figures amount to a penetration rate of around 72 (...)

07 - 04 - 2010
News in brief
NBE may invest in Ethiopia The National Bank of Egypt may invest $150 million in a 20,000-hectare agricultural project in Ethiopia, the Reporter said, citing a bank official. The Egyptian bank has opened a representative office in Ethiopia (...)

05 - 04 - 2010
Festives at Sham El Nessim & Easter
Dusit Thani LakeView Cairo is preparing for the Sham El-Nessim break with offers designed for those staying overnight or just looking to spend the day. In Tagmmou' El-Khamis in New Cairo, the hotel has prepared a "special buffet with all Easter (...)

02 - 04 - 2010
GROHE AG Chief Executive Officer visits Egypt
GROHE AG Chief Executive Officer David J. Haines was on a visit to Egypt earlier this month. GROHE is the biggest European and, with a market share of 8 percent, one of the world's leading sanitary fittings manufacturers. GROHE's product range (...)

30 - 03 - 2010
On your mark
AP Photo/Amr NabilCamels, some controlled by robots, center, and others by young jockeys, start the Sharqeya Camel Race Festival, on the outskirts of the city of Belbeis, Egypt, Tuesday, March 30. The racers from Arab countries are competing in the (...)

30 - 03 - 2010
News in brief
NSGB to pay cash dividend Egypt s National Societe Generale Bank (NSGB), Egypt s fourth-biggest bank by assets, approved a dividend of LE 1.25 ($0.2) per share, the stock exchange said on Sunday. The dividends will be paid starting April 22, (...)

28 - 03 - 2010
Egypt: Growth impetus
CAIRO: One of the potential winners of the global financial crisis, Egypt has maintained a relatively high level of income from Suez Canal and tourism receipts, spurring a GDP growth rate of nearly 5 percent. However, on the back of a massive (...)

28 - 03 - 2010
News in brief
Siemens installs renewable plant in Egypt: agency Engineering group Siemens has taken another step towards becoming one of the world s top three wind turbine makers by 2012 by installing a 250-megawatt renewable energy plant in Egypt s Gulf of (...)

19 - 03 - 2010
Saied features for Toronto in friendly defeat
CAIRO: Egyptian defender played off the bench in Toronto 1-0 preseason loss to DC United on Thursday. He took part in the 64th minute. Saied also played in the goalless draw with Charleston. The former Ahly and Zamalek man is on trial with the (...)

18 - 03 - 2010
News in brief
OCI helps Egypt index rise for 3rd day Egypt s main index rebounded for a third session, pulled up by Orascom Construction Industries (OCI), which jumped after releasing its fourth-quarter results. The EGX30 fell as much as 6 percent earlier (...)

18 - 03 - 2010
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