South Sudan leader says referendum will be on time
CAIRO: The head of southern Sudan's main political party said the crucial referendum on whether the region is to split from the north will be held on time, even if…
THE REEL ESTATE: The dwindling summer season and the plunging film market
The chimes of doom erupted in every Egyptian film studio earlier this year in anticipation of what several film industrials heralded to be the breaking point of Egyptian cinema’s recent…
Egypt’s active opposition to terrorism makes it unattractive for terrorists, says report
CAIRO: The Egyptian government’s active opposition to terrorism and its effective intelligence and security services made Egypt an unattractive locale for terrorist groups, according to a recent US report. Released…
Egypt spends LE 516 mln on charity meals
Egyptians, who will begin fasting next Wednesday that marks the start of the Muslim holy month of Ramadan, spent LE 516 million ($92 million) on Mawa'ed El-Rahman (Iftar charity tents…
Egyptian traders expect about $10/t HRC price increase
Egypt’s biggest producer Ezz Steel has not yet announced its hot rolled coil price for August bookings, but traders expect about an LE 50/ton ($8.7/t) price increase. Steel Business Briefing…
Somali pirates hijack sugar cargo ship with 24 Egyptian and Syrian crew, says EU
BRUSSELS: Somali pirates seized a freighter with 24 Syrian and Egyptian crew members in the lawless waters of the Gulf of Aden, the EU's anti-piracy force said, reporting the second…
Hamptons MENA expands Egypt office
Hamptons MENA, a property services company operating in the Middle East and North Africa, opened its full-fledged office in Uptown Cairo. As part of the expansion plans for Egypt, Hamptons…
Arafa triple luxury-suit production
Al Arafa Investments and Consulting, Egypt’s oldest publicly traded textile company, plans to triple production of high-end suits because it sees growing demand for such products as Chinese shoppers buy…
Al Nouran Holdings to build sugar plant
Al Nouran Holdings, an Egyptian sugar trader, won approval from the Industrial Development Authority to set up a 1-million-ton sugar plant in the northeast of the country, the company’s Chief…
Poll explores Arabs’ views on Obama, Israel and Iran
CAIRO: This year has seen a substantial change in the Arab world’s assessment of US President Barack Obama, and “remarkably stable views” on the Arab-Israeli conflict and the prospects of…
