798 Articles
CAIRO/Washington: Following Intel Corporation Chairman’s fourth visit to the region last month, Craig Barrett recently shared his vision on the role of technology and education in driving a digital transformation in the Middle East at the US-Arab Economic Forum in Washington, D.C. “Education and technology can expand what is possible and create opportunities for people …
Mobinil Q1 profit up as subscriptions jump Mobinil posted its sixth rise in profit in seven quarters on Wednesday as subscribers rose sharply, but the company s chief executive said the pace of growth could slow, reported Reuters. Mobinil, Egypt s largest mobile operator by subscribers, said net income rose 14 percent to LE 451 …
CAIRO: Merrill Lynch’s Global Wealth Management (GWM) group held on May 7 an educational event for women investors from Egypt and the Middle East, the firm said in a press statement. The event, held in Cairo, was meant to help the delegates better understand the financial markets while outlining the different services available to them. …
ISMAILIA: Ismaili beat Masri 2-0 on Tuesday to hand them their first defeat since the appointment of Hossam Hassan as coach. After four wins and four draws, Hassan s men were down by Mohamed Fadl, 13, and Abdullah Al-Saied, 86, goals. Ismaili are still in the race for the second spot in the league as …
CAIRO: Egypt’s prominent human rights groups are appealing to President Hosni Mubarak to put an end to 27-year-old emergency laws they say are standing in the way of reforms. According to their joint statement Wednesday, 24 rights organizations say the laws are illegitimate and “an obstacle to comprehensive reforms. The emergency laws were enacted after …
CAIRO: The Supreme Constitutional Court of Egypt rejected an appeal to amend law 4/2005, which states that a mother’s custody ends when the child turns 15, according to Islamic jurisprudence. When the child turns 15, their custody case is presented to the court, and the child then has to choose to live with either its …
ISMAILIA: Ismaili beat Masri 2-0 on Tuesday to hand them their first defeat since the appointment of Hossam Hassan as coach. After four wins and four draws, Hassan s men were down by Mohamed Fadl, 13, and Abdullah Al-Saied, 86, goals. Ismaili are still in the race for the second spot in the league as …
CAIRO: ENPPI rocked league Champions Ahly with a 3-0 defeat on Tuesday in what might have been theirs easiest win of the season. Islam Awad scored twice, 54 and 72, to down the Red Devils after Alaa Issa s early opener, 6. It was an embarrassingly one-sided victory. ENPPI took control of the game against …
LONDON: The dollar climbed against the euro and yen on Wednesday, supported by hopes that the worst of the credit crunch is over, and on the eve of a rate decision by the European Central Bank, dealers said. Elsewhere, the European Commission on Wednesday gave Slovakia the green light to adopt the euro, setting the …
CAIRO: International Turnkey Systems (ITS) announced that it has signed a memorandum of understanding (MOU) with the Egypt’s Information Technology Industry Development Agency (ITIDA) to set up a center for remote managed services (RMS) in the Middle East, according to a press statement. The center, to be located in Cairo’s Pyramids Heights Technology Campus, will …
CAIRO: Zamalek beat struggling Aluminum 5-1 at home to maintain their lead in the chase for the second spot. Abel Halim Ali, 3 and 38, and Amr Zaki, 25 and 84, hit each a brace, as Osama Hassan, 55, completed the rout. Mostafa Abbas scored the visitors consolation goal three minutes before the break. Zamalek …
ALEXANDRIA: Ittihad recovered from a goal down to beat Gaish 2-1 on Monday and clinch three precious points that would probably save them from relegation. Anwar Massaoud headed in a corner in the 7th minute to give the hosts an early lead. In the 35th minute Youssef Abdel Rahim connected with Rami Saied s precise …
EU eyes gas pipelines from Egypt The European Union said it was progressing with efforts to secure gas supplies from Egypt and Iraq as part of its efforts to reduce its heavy dependence on Russian oil and gas. The European Commission ruled out on Monday the possibility of linking Russia up to the Nabucco gas …
CAIRO: The head of Egypt’s Coptic Orthodox Church, Pope Shenouda III, has left for the United States for medical treatment, the Coptic Orthodox Lay Council which manages the church’s affairs said. The 84-year-old patriarch left Cairo late on Monday on an unscheduled trip to Cleveland, Ohio, Dr Tharwat Bassily of the council told AFP, on …
The Euro-Arab Cinema caravan – a project funded by the European Union within the Euromed Audiovisual Program II – returns this month with an eclectic selection of long features and documentaries screened for the first time in Egypt. The festival kicks off today and ends on Monday, May 12. All screenings will be held at …
Sawiris denies interest in Roma takeover Businessman Naguib Sawiris has denied that he is interested in buying Serie A club Roma. Media reports had suggested that Sawiris might be involved in bid to takeover the Giallorossi as the club’s parent company Italpetroli is in debt estimated at $570m. However, the 54-year-old telecom mogul insisted that …
CAIRO: The Muslim Brotherhood on Tuesday threw its weight behind a day of protests over rocketing food prices on May 4, President Hosni Mubarak s 80th birthday. Supreme leader Mohamed Mahdi Akef said the group encourages any proactive behavior by the people towards their nation s pressing problems, according to the Brotherhood s website. The …
Real estate developer Palm Hills Developments (PHD) said on Wednesday it would begin trading on the main London and Egyptian stock exchanges on May 8 after pricing its $201.3 million initial public offering. The offer price has been set at LE 21.75 per share and $20.31 per Global Depository Receipt (GDR), the company said in …
CAIRO: A British auction house has withdrawn a Pharaonic artifact from sale after Egyptian authorities saw the item in a catalogue and said it was missing, the ministry of culture said on Wednesday. Culture Minister Farouk Hosni said in a statement that he had asked for the 2,500-year-old carved limestone relief removed from a wall …
CAIRO: Hosni Abd-Rabou attended the hearing in front of the Court of Arbitration for Sport (CAS) on Thursday and confirmed his wish to stay with Ismaili. When I was asked where I want to be, I said that I want to play for Ismaili, he told FilGoal.com. I had also to explain my situation and …
CAIRO: Egyptian striker Ahmed Hossam Mido scored an extra-time goal to help Middlesbrough beat Sheffield United 1-0 in the FA Cup round 16. The 90 minutes ended scoreless and the match went to extra-times. Mido stuck the winner five minutes before time but his shot was deflected and keeper Paddy Kenny failed to retrieve the …