Algeria

Sawiris to take break from business, shift focus to charity work
Business

Sawiris to take break from business, shift focus to charity work

Egyptian business tycoon Naguib Sawiris on Sunday said that, after nearly 35 years of wheeling and dealing, he planned to…
Sawiris to found new company for assets excluded from recent merger
Business

Sawiris to found new company for assets excluded from recent merger

Naguib Sawiris, chairman of Orascom Telecom (OT) and CEO of Weather Investments, has announced plans to establish a new company…
Egypt exchange halts trading in Orascom Telecom
Business

Egypt exchange halts trading in Orascom Telecom

Trading in mobile phone service provider Orascom Telecom's shares was halted on the Egyptian stock exchange Monday as the bourse…
Algiers halts evaluation of Djezzy, Orascom Telecom shares rise
Business

Algiers halts evaluation of Djezzy, Orascom Telecom shares rise

Shares in Egypt's blue-chip Orascom Telecom (OT) rose on the local stock market on Sunday after it emerged that the…
Egypt contractors in Algeria mull closing shop due to new bidding rules
Business

Egypt contractors in Algeria mull closing shop due to new bidding rules

A number of Egyptian contractors working in Algeria are seriously thinking about closing their businesses due to stringent new regulations…
Foreign firms in Algeria face stringent new rules
Business

Foreign firms in Algeria face stringent new rules

The Algerian government has set stricter conditions on foreign corporations in Algeria, prompting fears of bankruptcy among some Egyptian firms…
Egypt invites Algeria to Cairo Book Fair as Algiers fails to reciprocate
Egypt

Egypt invites Algeria to Cairo Book Fair as Algiers fails to reciprocate

A senior Culture Ministry official on Wednesday said that Egypt planned to invite Algeria to participate in the Cairo International…
Tuesday’s papers: NDP candidates and breadline clashes
Egypt

Tuesday’s papers: NDP candidates and breadline clashes

As parliamentary elections approach, the front pages of state-owned papers report that President Hosni Mubarak has set the criteria for…
Egypt’s OT says Algeria hasn’t frozen Djezzy accounts
Business

Egypt’s OT says Algeria hasn’t frozen Djezzy accounts

Egypt's Orascom Telecom said the Algerian central bank has not frozen its local unit Djezzy's accounts but it was prohibited…
Geddo and messianic football
Opinion

Geddo and messianic football

A big story has monopolized the Egyptian press for days. Not the likelihood of war between Israel and Lebanon, not…
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