Support seen for Egypt pound at 5.8 to the dollar
CAIRO: Analysts see support for the Egyptian pound at its current level of 5.8 to the dollar as demand for riskier emerging market assets boosts foreign appetite for Egyptian stocks…
OT gets liquidity boost as Tunisiana sale closes
CAIRO: Orascom Telecomb Holding completed its sale of Tunisiana to Qatar Telecom (QTel) on Jan. 5, in a deal worth $1.2 billion, OT said in a statement. OT previously owned…
Iran exiles mourn shah’s son after suicide
PARIS: The apparent suicide of the former shah of Iran's youngest son has shocked and saddened Iranian emigres, many of whom were forced into exile by the Islamic Revolution and…
AfDB offers 1.9 mln euro grant for regional water management
CAIRO: The African Development Bank (AfDB) offered a grant to the tune of €1.912 million to the Center for Environment and Development for the Arab Region and Europe (CEDARE). The…
Kuwaiti premier survives vote but crisis lingers
KUWAIT CITY: Kuwait's prime minister on Wednesday narrowly survived a parliament vote seen as a serious bid to oust him, but the opposition vowed to keep up its campaign to…
Iran’s foreign minister in Iraq to cement ties
BAGHDAD: Iran's new foreign minister is pushing to cement ties with neighboring Iraq at a time when American troops are preparing to go home and Tehran's influence is expected to…
‘True Grit’,’127 Hours’ receive writers noms
Huge hits such as "True Grit" and "Inception" will be up against smaller films that include "127 Hours" and "The Kids Are All Right" for screenplay honors from the Writers…
‘Social Network’, ‘Inception’ earn producer honors
The Facebook tale "The Social Network," the British monarchy drama "The King's Speech" and the sci-fi blockbuster "Inception" were among best-picture nominees Tuesday for the Producers Guild of America Awards.…
Murdered model provides real-life drama for Bollywood
A new Bollywood film comes out this week based on the real-life murder of a fashion model by the son of a leading lawmaker, in a case that cast a…
Show Dance promises magnificent journey, fails to deliver
“Jack of all trades, master of none.” This saying accurately epitomizes the new French dance show, unoriginally entitled “Show Dance,” which made its way to Cairo this week. Offering up…
