Saturday 18 May 2013
 
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Egypt

Egyptians 'gloomier over country's future'

  Egyptians are getting gloomier about their country's future more than two years after an uprising toppled Hosni Mubarak, but most retain a favourable view of the ruling Muslim Brotherhood, acc

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Egypt charity launches thalassemia campaign

Egypt-based Resala Charity Association recently launched its ‘My Blood Can Save a Life’ campaign to encourage blood donation in support of patients with thalassemia. The launch took place on International Thalssemia Da

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Sodic appoints new financial officer

Leading Egyptian real estate developer Sodic that Salah Shafei has resigned from his position as chief financial officer, to be succeeded by Omar El-Hamawy, effective May 31. El-Hamawy succeeds Shafei after almost six years with S

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Egypt says disputes with Damac are resolved

Egypt said on Wednesday it had settled disputes with the Dubai-based developer Damac involving projects dating back to the Mubarak era - an agreement the government hopes will reassure prospective investors. The government said th

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Orascom Telecom suffers $204m loss in Q1

  Egyptian mobile phone operator Orascom Telecom Holding said on Wednesday it swung to a net loss in the first quarter of 2013, blaming foreign exchange losses and impairment of some assets.

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MS Egypt Chapter urges public awareness

The MS Chapter of the Egyptian Society of Neurology, Psychiatry, and Neurosurgery (ESNPN), urged better public understanding of the disease that affects 2.5 million people worldwide, on the occasion of World Multiple Sclerosis (MS) Day.

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TMG first-quarter net profit falls 19.8pc

Egyptian property developer Talaat Moustafa Group (TMG) said net profit in the first quarter of 2013 fell 19.8 percent to 139.4 million Egyptian pounds ($20 million). TMG's profit for the first quarter of 2012 was 173.7 millio

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Hilton announces key ME appointment

Hilton Worldwide Middle East & Africa has announced the appointment of Christian Muhr as the new vice president of operations for Hilton Worldwide, Egypt & Levant region. Muhr, a Hilton Worldwide veteran with an extensive

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Egypt gets $3bn Qatari fund at 3.5pc

Egypt received a $3 billion deposit from Qatar on Thursday, a central bank official said on Sunday, shoring up finances hit by economic turmoil since a popular uprising that toppled the government two years ago. The funds will rem

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Egypt gets $3bn Qatari fund at 3.5pc

Egypt received a $3 billion deposit from Qatar on Thursday, a central bank official said on Sunday, shoring up finances hit by economic turmoil since a popular uprising that toppled the government two years ago. The funds will rem

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