International News Several anti-IS partners do ‘nothing at all’: Pentagon chief aya salah Jan 23, 2016 0 Several members of the US-led coalition attacking ISIS group in Iraq and Syria are doing "nothing at all" to help…
Industry & Trade Solb Misr incurs $64mn losses, delays trading in EGX until 2017 Noha Gad Jan 5, 2016 0 Egyptian steel group Solb Misr has incurred losses estimated at 500 million Egyptian pounds (US$63.8 million) in…
Financial Institutions GIG Insurance boosts capital to $22mn, plans more branches Noha Gad Dec 27, 2015 0 Egypt's Arab Misr Insurance Group (GIG) has injected 15 million Egyptian pounds into its capital to reach 175…
International News No indication California shooters were part of terrorist group: White House aya salah Dec 6, 2015 0 There is no indication that the shooters who killed 14 people in California are part of a larger terrorist group,…
International News At least two die in police raid on group planning new Paris attack Noha Gad Nov 19, 2015 0 A suicide bomber blew herself up in a police raid on Wednesday that sources said had foiled a jihadi plan to hit…
Industry & Trade Siemens could expand Egypt power deal; says CEO aya salah Oct 31, 2015 0 German industrial giant Siemens could win an expansion of its record 8 billion euro ($8.8 billion) power deal with…
Industry & Trade Economic ministerial group approves offers to establish power plants in Egypt Noha Gad Oct 28, 2015 0 Economic Ministerial group approved the China’s State Grid Corporation offer to establish networks of 500 kV lines…
forex news Oil falls after industry report shows surge in U.S. crude stocks Noha Gad Oct 21, 2015 0 Oil prices fell on Wednesday after data from an industry group showed a larger-than-expected build in U.S. crude…
International News MSF denies Taliban was firing from Afghan hospital hit by air strike Noha Gad Oct 4, 2015 0 Medical aid group Medecins Sans Frontieres denied that Taliban fighters were firing from its hospital at Afghan and…
Egypt News Clerics gather in Egypt to counter extremist fatwas aya salah Aug 18, 2015 0 Top Muslim clerics gathered in Egypt Monday to address extremist religious edicts in the face of an unprecedented…