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Valeant Said to Consider Sale of Egypt Drugmaker Amoun - Bloomberg Thu, 09 Jun 2016 21:43:41 GMT

Bloomberg

Valeant Said to Consider Sale of Egypt Drugmaker Amoun
Bloomberg
Valeant Pharmaceuticals International Inc. is considering the sale of Egyptian drugmaker Amoun Pharmaceutical Co. as the beleaguered Canadian company seeks to accelerate its debt-reduction plans, according to people with knowledge of the matter.

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Egypt's CIB Scraps Investment-Banking Unit Sale to Beltone - Bloomberg Thu, 09 Jun 2016 15:08:12 GMT

Daily News Egypt

Egypt's CIB Scraps Investment-Banking Unit Sale to Beltone
Bloomberg
Beltone is “open to revisit” the deal once obstacles are removed, it said in a filing to Egypt's stock market. In May Beltone's board approved a 1 billion-pound rights offer to finance expansion inside and outside Egypt. Beltone agreed to buy U.S ...
Beltone acquisition of CI Capital falls apartDaily News Egypt
UPDATE 1-Egypt's CIB and Beltone drop plans for CI Capital sale -sourcesReuters
Egypt's main index closes week down, local investors sellAhram Online

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Pharaohs' shadow an omen in Egypt gold search - Reuters Wed, 08 Jun 2016 12:03:40 GMT

Reuters

Pharaohs' shadow an omen in Egypt gold search
Reuters
Egypt's gold mining industry has for years been long on potential and short on investment -- the result of a jarring mismatch between spectacular geology and an unattractive commercial framework for mining. Despite a history of gold mining that ...
VIDEO: Golden future in store for Egypt?Ahram Online

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ISIS attack in Egypt moved Kingswinford family's holiday ONE day and mother is fined - Daily Mail Thu, 09 Jun 2016 09:49:54 GMT

Daily Mail

ISIS attack in Egypt moved Kingswinford family's holiday ONE day and mother is fined
Daily Mail
A mother-of-two was fined for taking her son out of school during term-time - despite their holiday being rearranged after terror fears. Debbie Proudler had booked to take her sons Lewis, 13, and Ellis, ten, to Egypt's Sharm El Sheikh - but the trip ...

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Egypt's Essam El Hadary aims to become oldest World Cup player - BBC Sport Thu, 09 Jun 2016 12:35:06 GMT

BBC Sport

Egypt's Essam El Hadary aims to become oldest World Cup player
BBC Sport
El Hadary won his 144th cap for Egypt in a 2-0 win over Tanzania on 4 June in what was his first international match since 2014. In doing so he became the second oldest African player to feature with his national team, behind Kersley Appou of Mauritius ...


Selling Dollars Instead of Lanterns Shows Deepening Egypt Crunch - Bloomberg Wed, 08 Jun 2016 20:36:01 GMT

Bloomberg

Selling Dollars Instead of Lanterns Shows Deepening Egypt Crunch
Bloomberg
So Egyptians have had to rely on their wits. Mohsen, a 40-year-old salesman working in the United Arab Emirates, saw an opportunity in geography. He deposits pounds in 10 family bank accounts in Cairo, and then in Dubai withdraws the funds in dirhams ...
Egypt's Cabinet Proposes Prison Sentences for Black Market Foreign ExchangeEgyptian Streets
Egypt to introduce prison terms for forex black market tradersReuters
Egypt approves tougher penalties on black market dollar tradersgulfnews.com

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Closing in on Egypt Air 'black boxes' - BBC News Thu, 09 Jun 2016 00:18:49 GMT

BBC News

Closing in on Egypt Air 'black boxes'
BBC News
The Egypt Air disaster may have dropped out of the news briefly, but the investigation continues apace to find out why flight MS804 crashed. French investigators think they have heard locator-beacon signals from at least one of the "black box" flight ...

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UPDATE 1-Egypt's core inflation jumps to 12.23 pct yr/yr in May-c.bank - Reuters Thu, 09 Jun 2016 13:41:34 GMT

Ahram Online

UPDATE 1-Egypt's core inflation jumps to 12.23 pct yr/yr in May-c.bank
Reuters
(Adds detail). By Asma Alsharif. CAIRO, June 9 Egypt's urban consumer inflation jumped for a second month in May, the statistics agency said on Thursday, adding pressure on the central bank to hike interest rates at its monetary policy meeting on June 16.
Egypt's core inflation jumps to 12.23 pct yr/yr in May-c.bankAhram Online

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'Gods of Egypt' Strikes Down 'Deadpool' Reign Atop Disc Sales Charts - Variety Thu, 09 Jun 2016 04:17:43 GMT

Variety

'Gods of Egypt' Strikes Down 'Deadpool' Reign Atop Disc Sales Charts
Variety
Four new releases debuted among the top 10 sellers on the national home video sales charts the week ended June 5. One of them, Lionsgate's “Gods of Egypt,” bumped Twentieth Century Fox's “Deadpool” out of the top spot on both NPD VideoScan's ...


ISIS Destroys 2500-Y-O Iraqi Temple, Threatens to Blow Up Egypt's Giza Pyramids - Christian Post Thu, 09 Jun 2016 22:55:00 GMT

Christian Post

ISIS Destroys 2500-Y-O Iraqi Temple, Threatens to Blow Up Egypt's Giza Pyramids
Christian Post
A new ISIS propaganda video shows the destruction of an Iraqi temple and makes threats to one of the seven wonders of the world — Egypt's Giza Pyramid complex. In a 10-minute video posted this week by the DailyMail, IS militants are seen laying waste ...
Egypt dismisses Daesh threats, says pyramids are secureMiddle East Monitor
Egypt Downplays ISIS Threats against Historical Giza Pyramid ComplexAsharq Alawsat
Daesh threatens to blow up Egypt's PyramidsAl-Bawaba

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