Lebanon’s Bank Audi 2010 net up 22 percent
Lebanon's Bank Audi said on Thursday its 2010 net profit increased by 22 percent in 2010 to $352 million as its loans and deposits grew. The bank said total assets…
Qatar tenders to buy 24,000 tonnes rice
Qatar's state purchasing agency is tendering to buy 24,000 tons of basmati rice, European traders said on Friday. Bidding deadline was Feb. 21. Optional origin was sought. Qatar had previously…
Cairo upgrades battered taxis, cleans up image
CAIRO: Grimy old Fiats and Ladas have long been a defining feature of Cairo's creaking taxi fleet, clogging the city's streets and sputtering out fumes. Now the scruffy black-and-white cabs…
Emerging consumers relatively upbeat: CS survey
LONDON: More than a third of people in the major developing economies expect their finances to improve in the next six months, reflecting relative confidence about the outlook as only…
Cairo’s hottest new art hub opens at Designopolis
For the past few weeks, Designopolis, Cairo’s larger than life art and design complex, has been witnessing the steady preparations for the inauguration of its latest art gallery, Tache, due…
Economy key to Mubarak son presidency bid
By Hamza Hendawi/ AP CAIRO: Though he still delivers a speech like an aloof corporate executive announcing quarterly profits, the son and presumptive heir of Egyptian President Hosni Mubarak is busy…
Jessica Winegar on Egypt’s booming contemporary art scene
In an interview with Daily News Egypt, Dr Jessica Winegar, author of “Creative Reckonings: The Politics of Art and Culture in Contemporary Egypt” and professor at Northwestern University, reflected on…
Writing art history: Collector and collection star in new book
Mona Abaza has given the Egyptian art scene a great addition with her second book "Twentieth Century Egyptian Art: The Private Collection of Sherwet Shafei." As a young journalist curious…
PIONEERS: Saad El-Khadem and Effat Nagy Museum: Recharge your inspiration
In of the busiest parts of Sarrayat El-Kobba lies the Museum of Saad El-Khadem and Effat Nagy, just around the corner from the underground station by the same name. Yet…
Local interior designers take divergent approaches to art
In a city where taste is contagious, the relationship between art and interior design is fraught with issues of authenticity, originality and, most importantly for the designers themselves, harmony. Local…