International Court of Arbitration for Sports Examining Cases of Al-Nasr, Al-Ahly, and Al-Ittihad

International Court of Arbitration for Sports Examining Cases of Al-Nasr, Al-Ahly, and Al-Ittihad

Sports Observatory: Jurist Ahmed Al-Sheikhi revealed that the International Court of Arbitration for Sports (CAS) is examining 3 cases related to Al-Nasr, Al-Ahly, and Al-Ittihad. Al-Sheikhi wrote through his official account on the He added: “The arbitrators have already issued decisions in some cases, but they will not be officially announced for months from now … Read more

HSBC Expects 25% Decline in Egyptian Pound Against US Dollar; Implications on Interest Rates and Economy

HSBC Expects 25% Decline in Egyptian Pound Against US Dollar; Implications on Interest Rates and Economy

Al-Marsad newspaper: British bank HSBC expects the Egyptian pound to decline by 25% against the US dollar. HSBC Bank believed that the price of the Egyptian pound would approach its price in the parallel market that prevailed for most of the last quarter of this year, i.e. approximately 38 to 39 pounds per dollar. It … Read more

Al-Ahly Coach Matthias Jaisse Dismisses Rumors of Edouard Mendy’s Departure

Al-Ahly Coach Matthias Jaisse Dismisses Rumors of Edouard Mendy’s Departure

Sports Observatory: German Matthias Jaisse, coach of the first football team at Al-Ahly club, responded to the news linking Senegalese international Edouard Mendy, the team’s goalkeeper, with leaving the team. The German coach said in statements at the press conference after his team’s 0-0 draw yesterday against Al-Ettifaq: “I am happy for Mendy and the … Read more

Declining Iron Prices in July 2023: Lowest Level in 37 Months

Declining Iron Prices in July 2023: Lowest Level in 37 Months

Al-Marsad Newspaper: The average price of a ton of iron continued to decline by the end of July 2023 for the ninth month in a row. At the end of last month, it recorded its lowest level in more than 3 years. According to the data of the General Authority for Statistics, iron declined to … Read more