Talks in Cairo on ending the Gaza war showed no signs of a breakthrough on Monday, with Israel and the Palestinians entrenched in their demands hours before the expiration of a five-day ceasefire.
The truce is due to run out at 21
Palestinian negotiators will leave Cairo on Sunday unless Israel agrees to return to Egyptian-mediated negotiations to end the war in Gaza, senior delegation member Moussa Abu Marzouk said.
"Within the next 24 hours, the dele
Cairo-based Ezz Elarab Automotive Group has joined hands with Contact Auto Credit, one of Egypt’s leading financial service providers, to launch a new financing company, Ezz Financing.
Ezz Financing is set to provide the Egy
Emerging market-focused private equity firm Abraaj Group aims to complete a takeover of Egyptian healthcare firm Cairo Medical Center after announcing plans for a tender offer to shareholders.
The transaction is one of a number of
Egypt is set to start the first phase of Cairo’s underground fourth line project within the fiscal year 2015-16, said a report.
The Cairo Metro Line 4 will run from Haram district reaching the New Cairo d
Saudi Arabia’s national carrier Flynas has launched daily flights from Jeddah’s King Abdulaziz International Airport to Cairo International Airport Terminal 1 from June 1, as part of its expansion plans within Egypt.
The pan-Arab satellite network Al Jazeera has served Egypt with a $150 million compensation claim for what it called damage to its business inflicted by Cairo's military rulers, a lawyer acting for the Qatar-based channel said.
The Cairo real estate market is most likely to remain subdued in the short term, ahead of a potential period of gradual recovery from late 2014 or 2015, said a report.
While there have been new completions in the residential and r
Majid Al Futtaim, the leading shopping mall, retail and leisure pioneer across the Mena region, is set to invest EGP10 million ($1.42 million) for improvement of road infrastructure near Maadi City Centre.
Located on the Katameya
All sectors of the Egyptian property market remained at or close to the cyclical trough of their cycle even as the Egyptian economy showed signs of improvement in the final quarter of 2013, said a report.
The prime rents in capita