Sawari Ventures launches new fund
Venture capital firm Sawari Ventures launched its first fund, Sawari Ventures I, and has made initial investments in two companies: Alzwad Mobile Services and Vimov. The fund, seeded by the…
KDB eyes bank M&A in Southeast Asia, Egypt
Korea Development Bank is in talks over a number of deals with Southeast Asia-based banks, including an estimated $1 billion stake purchase, and is reviewing targets in Egypt, its chief…
Tourism receipts exceed $9.2 bln
Egypt’s tourism receipts exceeded $9.2 billion in the first nine moths of 2010, Al-Masry Al-Youm reported based on figures from Egypt’s tourism ministry. Tourism receipts grew 15.8 percent year-on-year in…
Egypt trade minister says wheat stocks adequate
SHARM EL-SHEIKH: Egyptian Trade Minister Rachid Mohamed Rachid said on Tuesday that Egypt had adequate wheat stocks and had not changed the pace at which it was buying the grain.…
Bond heads to Dubai in new novel
British super spy James Bond will head to the glitzy gulf emirate of Dubai, itself no stranger to real-life espionage and assassination, in a new book titled "Carte Blanche," local…
Bond heads to Dubai in new novel
British super spy James Bond will head to the glitzy gulf emirate of Dubai, itself no stranger to real-life espionage and assassination, in a new book titled "Carte Blanche," local…
‘King’s Speech’ gets 14 nominations for UK awards
Made-in-England favorite "The King's Speech" leads the race for the British Academy Film Awards, Britain's equivalent of the Oscars, with 14 nominations announced Tuesday, including best picture. Colin Firth is…
‘King’s Speech’ gets 14 nominations for UK awards
Made-in-England favorite "The King's Speech" leads the race for the British Academy Film Awards, Britain's equivalent of the Oscars, with 14 nominations announced Tuesday, including best picture. Colin Firth is…
Suicide bomb at Iraq police center kills 50
TIKRIT: A suicide bomber blew himself up among a crowd of police recruits in the Iraqi city of Tikrit on Tuesday, killing 50 people and wounding 150, an interior ministry…
South Sudanese warned not to miscarry nascent state
JUBA: South Sudan leaders warned against premature independence celebrations Tuesday as the slow process of collating the result of last week's vote ground on amid indications of a landslide. Information…