US embassy holds workshop on volunteer tourism
CAIRO: The objective behind volunteer tourism is to “make the tourist interact more with the Egyptian person,” explained Mohamed Mohie, business analyst at Abercrombie and Kent travel agency, at a…
Egypt’s Suez Cement H1 falls 37 pct
CAIRO: Suez Cement's first-half net profit dropped 37 percent because of a fall in local cement consumption and political instability in the region, the Egyptian firm said in a statement…
Egypt reduces size of T-bill sale
CAIRO: Egypt's central bank sold LE 4.5 billion ($755.33 million) in domestic treasury bills on Sunday, paring LE 500 million from the amount it had offered, the Ministry of Finance…
Credit Agricole Egypt says H1 net drops 30 pct
CAIRO: Credit Agricole Egypt net profit for the first six months fell 30 percent from a year earlier, the bank said on Sunday. Egyptian banks were hurt by the uprising…
Egypt rises, breaking 8-day losing streak
CAIRO: Egypt's benchmark index advances with low volumes, breaking an eight-session losing spree that traders said was caused by investor concerns over the country's political turmoil. Pioneers Holding…
Trade disputes between EU and Egypt persist over E. Coli outbreak
CAIRO: The European Union has elected to cancel a mission of scientists to Egypt tasked with inspecting seed and vegetable production. This comes in response to last week’s announcement by…
Egypt Hydrocarbon Company signs $454 million deal
CAIRO: With paid-up capital of $150 million (LE 900 million), the Egyptian Hydrocarbon Company (EHC) was established Sunday at the General Authority for Investment and Free Zones (GAFI) as the…
Jolie, Pitt at Sarajevo festival closing ceremony
Hollywood stars Angelina Jolie and Brad Pitt, in a surprise visit to Bosnia, on Saturday attended the closing ceremony of the Sarajevo Film Festival at which the actress received an…
Cutting-edge ballet rocks Russia’s Bolshoi
A modern ballet with music by cult US rock band The White Stripes has wowed Bolshoi Theatre audiences, helping the company shake off a conservative image as it plans a…
The simple sophistication of rising fashion designer Rami Al Ali
It is one thing to love or hate a dress you see in a shop window or in an awards show, and quite another to sit and analyze the work…