Saturday 20 September 2014
 
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Cairo

Four Seasons Cairo rolls out Eid entertainment

The Four Seasons Hotel Nile Plaza, in Cairo, Egypt, will celebrate Eid Al Adha with a mix of star performances, DJs and live entertainment at Graffiti, its new lounge. The part bar, part lounge, part restaurant offers spectacular views

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No sign of Gaza breakthrough as ceasefire nears end

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

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Hamas sets Sunday deadline for Gaza talks

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

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Egyptian groups in new car financing JV

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

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Abraaj aims for Cairo Medical Center takeover

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

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Egypt to begin Cairo Metro Line 4 in 2015

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

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Flynas launches daily flights to Cairo

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. &

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Al Jazeera seeks $150m damages from 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.

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Gradual recovery seen for Cairo real estate

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

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MAF to invest in Egypt road infrastructure

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

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