‘King’s Speech’ gets 14 nominations for UK awards
"The King's Speech," which shows the monarch struggling to find his voice as his nation faces its greatest test during World War II, has struck a popular chord with its…
Giza Appeals Committee rejects Omraneya church appeal to prevent community center demolition
By Essam Fadl GIZA: The Giza Appeals Committee decided on Monday to turn down an appeal filed by the Giza Archbishopric which requested a reversal of the decision to demolish…
Trailer replacement program a boost for automakers
CAIRO: Automakers in Egypt should be seeing a boost in numbers soon due to the implementation of a series of regulations being carried out in three phases. With one of…
Tunisia upheaval casts shadow on Arab summit
By Salah Nasrawi / AP CAIRO: The head of the Arab League called on rich Arab countries to extend a helping hand to their needy brothers as the turmoil in…
Egypt’s ICT sector grew 12 pct in 2010: minister
CAIRO: Egypt’s information and communication technology sector grew by 12 percent in 2010, said minister Tarek Kamel. Minister of Communications and Information Technology (MCIT) Kamel attributed the growth to the…
Egypt susceptible to Tunisia-style revolt
By Tamim Elyan and Abdel-Rahman Hussein CAIRO: One outcome of the Jasmine Revolution in Tunisia has been the expectancy that similar civil revolts might be replicated throughout the region, as…
Sawiris eyes Vimpelcom seats in long term
SHARM EL-SHEIKH: Egyptian tycoon Naguib Sawiris believes he will in the longer term get seats on Russian group Vimpelcom's board if the Russian company's proposed $6 billion-plus purchase of his…
Arab League, World Bank work towards economic integration
CAIRO: The League of Arab States and the World Bank Group signed Tuesday a memorandum of understanding to strengthen collaboration in the areas of economic and social development in the…
Kabo six-month net profit jumps: bourse
Egyptian garment maker El Nasr Clothing & Textile Co. (Kabo) reported net profit for the six-month period from July to December 2010 of LE 3.36 million ($576,800), the stock exchange…
Egypt sells bonds worth 4 billion pounds
Egypt's central bank said on Monday it sold 3-year bonds alongside reopened 7-year bonds worth a total LE 4 billion ($688 million). It sold LE 3 billion of three-year bonds…