New Spider-Man is black teen from New York
Spider-Man peeled his webbed mask back Wednesday to reveal a new face — and it's black. In a revolution for one of the most enduring characters in comic books, Marvel…
Lebanon’s last Arabic scribes struggle in IT age
By Rana Moussaoui / AFP Lebanon's few remaining Arabic calligraphers, whose elegant script and interweaving words transport one to another era, are working to preserve an art form struggling to compete…
The pensive philosophies of a Sad Panda
By Heba Elkayal The joke’s on us: graffiti art fans run around Cairo trying to document the surge of street art and the foreign media churn out article after repetitive article…
Oil demand growth forecasts cut as economies slow
LONDON: A sharp slowdown in economic growth, particularly in the United States, is hitting consumers and companies and forcing economic forecasters and analysts to slash estimates for global oil demand.…
Citadel shareholders back rights issue
CAIRO: Shareholders in Egyptian private equity firm Citadel Capital have approved a LE 1.05 billion ($176 million) rights issue, the company said in a statement on Thursday. Shareholders voted on…
Lecico’s Khorshid factories return to production
CAIRO: Lecico Egypt has settled its labor stoppage and all Khorshid factories are now fully operational, according to a statement released Thursday. The workers’ strike at its Khorshid plants, which…
Orascom to cut budgeting, reporting time with Infor solution
CAIRO: Orascom Holding will deploy Infor’s Performance Management solution at its head office in Cairo, according to a statement released this week. Infor Performance Management will help centralize and automate…
Mobinil initiative aims to provide 100,000 Egyptians with job skills
CAIRO: “Helping hands that want to learn” is the motto of Mobinil’s new initiative launched this Ramadan, which plans to help 100,000 citizens acquire skills that they need in order…
Suez Canal sees record high revenues in 2010/11
CAIRO: A recent surge in global shipping has generated record high revenues for the Suez Canal waterway, reaching LE 29.4 billion ($5.05 billion) in the 2010/11 fiscal year, according to…
NSGB lifts profit despite political chaos
CAIRO: NSGB, Egypt's second-biggest private bank by market capitalization, said second-quarter net profit rose 14 percent year on year despite a popular uprising that wiped out the country's economic growth.…