CAIRO: Ezz Steel, Egypt's biggest steelmaker, posted a 79 percent drop in first-half net profit as it set aside a potential tax liability to cover measures introduced by the government in the wake of Egypt's uprising.
The group has been rocked by (...)
CAIRO: Egypt's main index falls for a seventh session as political tensions mount ahead of the trial of former President Hosni Mubarak, which is scheduled to begin Aug. 3.
Mubarak is accused of complicity in the killings of hundreds of protesters (...)
CAIRO: An Egyptian court cleared three ministers from former President Hosni Mubarak's administration of graft on Tuesday, the first ruling to exonerate such senior officials since Egypt's popular uprising.
Some of the defendants looked surprised (...)
CAIRO: Saudi billionaire Prince Alwaleed bin Talal has given up a claim to land in Egypt that was frozen by the country's public prosecutor, Egypt's state news agency reported on Tuesday.
The prince said he would not go to international (...)
