Citadel opens Sudan plant to power cement factory
CAIRO: Private equity firm Citadel Capital inaugurated a power plant in Sudan through its subsidiaries, Taqa Arabia, an energy firm, and Asec Cement. The opening of the $67 million plant…
Egypt jumps 11 places in competitiveness index
CAIRO: Egypt jumped 11 places to rank 70th in the Global Competitiveness Index (GCI), up from 81 in 2009. However, the overall improvement was largely based on deteriorating conditions in…
Iraq appoints first ambassador to Egypt in two decades
CAIRO: On Saturday, Egyptian Foreign Minister Ahmed Aboul Gheit received Iraq’s new ambassador to Egypt, Nizar Eissa Al Khairullah, the first appointed to Egypt after two decades of patchy…
Brotherhood demands release of 191 detainees
CAIRO: Muslim Brotherhood lawyer Abdel Moneim Abdel Maqsoud, filed an official request to the Prosecutor General, the Head of the Cairo Appeals Court and the Minister of Interior demanding the…
Injaz aims to create a new generation of entrepreneurs
CAIRO: While partnerships between the private and public sector towards a developmental objective is common, mobilizing the private sector and education ministries across the Arab world is quite a feat.…
Thai film 'Boonmee' wins top honor at Cannes fest
The hypnotic Thai film "Uncle Boonmee Who Can Recall His Past Lives" won the top honor at the Cannes Film Festival on Sunday, while Academy Award winners Juliette Binoche and…
Cannes winner Apichatpong: an outspoken Thai outsider
Thailand's Apichatpong Weerasethakul, the surprise winner of the top prize at Cannes, has built a career with dream-like movies that shun traditional storytelling. The 39-year-old is also a staunch critic…
Kefaya freezes ex-general coordinator's membership
CAIRO: The Kefaya Movement for Change froze the membership of its former general coordinator for participating in a conference held in the US, Kefaya co-founder Mohamed El-Ashqar told Daily News…
Air Arabia Egypt flights to begin in June
CAIRO: UAE-based low cost airline Air Arabia will begin flights on its new Egypt-based carrier in June after it received an operating certificate from Egyptian authorities, the company said on…
Mubarak wades into Nile water issue
CAIRO: President Hosni Mubarak waded into the Nile water sharing issue Sunday when he hosted the Kenyan Prime Minister Raila Odinga and Congolese President Joseph Kabila, two countries that have…
