Egyptian Resorts to take back land plot
CAIRO: Real estate firm Egyptian Resorts said on Sunday its board of directors agreed to take back a piece of land the company had sold for about $11 million after…
KSE to stop listing of CIB of Egypt
The Kuwait Stock Exchange (KSE) announced on Sunday that it will stop the listing of Egypt’s Commercial International Bank as of Sept. 16. KSE said on its webpage that after…
Sinai Cement H1 net rises to $64.5 mln
Egypt's Sinai Cement posted a 6.7 percent rise in consolidated net profit to LE 367.4 million ($64.5 million) in the first half of 2010, the stock exchange said on Sunday.…
Beltone cuts Egypt’s Mobinil to add
Beltone Financial downgraded its rating on Egypt's Mobinil to "add" from "buy," to reflect the mobile network operator's exceptionally weak operational performance amidst escalating competition in the market. Mobinil, which…
French wheat lures private Egyptian buyers: trade
An unusually large volume of French wheat is being shipped to private millers in Egypt as an alternative to Russian wheat amid a ban on grain exports by a drought-stricken…
Two thousand defy ban on Moscow rock protest
Some 2,000 people Sunday crammed into a Moscow square amid a heavy police presence for a banned rock concert to protest plans to build a motorway through a forest outside…
Indian film industry wants more awareness over film piracy
Ashish is a senior executive in the financial sector in the home of Bollywood, Mumbai. He earns a good wage, lives in an upmarket neighborhood and sees himself as a…
Songs for change: Reem Talhami
“Ya leili, ah ya leil,” sings Palestinian Reem Talhami, calling the night like many other singers have done to witness all things that pass. Geneina Theater is only half-filled as…
EIPR takes case of a man who underwent sex change surgery to African Court
CAIRO: The Egyptian Initiative for Personal Rights (EIPR) said it will take the case of Azhar student Sally Abdallah who had undergone a sex reassignment surgery, to the African Court…
Eight workers stand military trial for protesting poor safety conditions
CAIRO: Eight workers stood before a military court Sunday after protesting poor safety conditions, a spokesman for the Center for Trade Union and Workers' Services (CTUWS) said. The first hearing…