Lawyer contests Egypt-Kuwait Holding land deal
An Egyptian lawyer filed a suit on Wednesday against Egypt's prime minister and agriculture minister seeking to annul a sale of state land to Cairo-based private equity firm Egypt Kuwait…
Egyptian banks EALB, HDB groomed for possible merger
CAIRO: Egypt's Housing and Development Bank (HDB) and state-owned Egyptian Arab Land Bank (EALB) are being restructured with an eye toward a possible merger within the two next years, the…
Xceed plans to double in size by 2013
CAIRO: Egypt’s Xceed plans to double the size of its operations by 2013, the vice president of the company said. A provider of multilingual business process outsourcing (BPO) services, Xceed…
Egypt to investigate Turkish steel imports
Egypt said on Wednesday it began an investigation into possible dumping of Turkish steel in its market, a move that could violate a free-trade accord between the two states if…
ArcelorMittal eyeing Egypt partnership: paper
ArcelorMittal, the world's No. 1 steelmaker, has approached Egyptian Iron and Steel to forge a partnership, an Egyptian newspaper reported on Thursday, citing a top industry official. The tie-up would…
Egypt revises GDP growth figures downwards
Egypt revised its gross domestic product (GDP) growth figure for the April-June quarter to 5.4 percent from a previously stated 5.9 percent, the Ministry of Planning said on Thursday according…
Cairo Video Festival: Inspiration for young talent
The fourth annual Cairo International Video Festival ended Thursday after a successful four-day screening program of short films and video art from around the world. The festival, which is produced…
DP World expands and extends concession in Egypt
Prime Minister Ahmed Nazif and DP World Chairman Sultan Ahmed Bin Sulayem today signed an agreement between DP World and the Red Sea Ports Authority that clears the way to…
Spanish drawings show humor and drama
A man bends over to peer into a peep show box, revealing a tear in the seat of his pants that offers a bawdy view of his backside to a…
Hitler exhibition breaks taboos in Berlin
Almost every aspect of the Nazis has been covered by German museums, but a chilling new exhibition in Berlin from this week explores for the first time the personality cult…
