SAIB offered EGP 45 m Islamic Real estate finance in 2011
Societe Arabe Internationale de Banque in Egypt (SAIB) offered real estate Shariaa-compliant finance in value to…
PepsiCo announces 8,700 job cuts as net income rises
PepsiCo (PEP) said it plans to cut 8,700 jobs, or about 3% of its workforce, as it tries to offset higher costs for…
U.S. funds NGOs in Egypt to create chaos: official
Egypt's Minister of Planning and International Cooperation Fayza Abul-Naga told the investigating judges that the…
HRHO denies CEO & Staff’s Stock Market Manipulation Charges
EFG-Hermes Holding (HRHO) has denied that the CEO Yasser Mallwany and the financial programming staff may face…
Russia and China refuse to support joint Arab-UN peacekeeping plan
Russia yesterday made clear that it would not support a new proposal for a joint Arab-UN peacekeeping mission to…
Israel rejects Palestinian hunger-striker’s appeal
A Palestinian prisoner who human rights organisations say may be "Approaching death" after 58 days on hunger strike…
Independent MP: Preliminary Port Said report fails to assign responsibility
The preliminary report of the parliamentary fact-finding committee on the Port Said clashes that took place earlier…
Authorities release Australian journalist, US student
Authorities have released an Australian journalist and an American student who were detained on suspicion they had…
Voting begins for second round of Shura Council elections
The second round of elections for Egypt’s upper house, the Shura Council, began Tuesday. The end of this round,…
Obama proposes $1.3 billion military aid for Egypt in 2013 despite ongoing NGOs row
U.S. President Barack Obama on Monday proposed $1.3 billion in military aid for Egypt in fiscal 2013, asking…