France demands release of Iranian filmmaker invited to Cannes

France on Wednesday called on Iran to immediately release jailed filmmaker Jafar Panahi and allow him to take his seat as a member of the jury at the Cannes film…

AFP
AFP

Spring of theater kicks off with 'Upstairs'

A new feature of this month’s events-packed Spring Festival is theater productions, the first of which premiered at Rawabet Theater on Monday. The productions are part of Tomorrow sidebar, a…

Daily News Egypt

UN rights forum in hot spotlight of controversy

UNITED NATIONS: Fourteen countries were expected to be elected unanimously Thursday to the UN Human Rights Council, to the dismay of non-governmental groups that argue five of them — including…

AFP
AFP

Attacked Pakistani ambassador leaves Tehran hospital, says IRNA

TEHRAN: Pakistan's ambassador to Iran left a Tehran hospital in good health on Wednesday, a day after he was injured in an apparent mugging attempt by an Afghan assailant, news…

AFP
AFP

CI Capital expects CIB 1Q10 net profit at LE 445.9 m

CI Capital expects Commercial International Bank’s quarter one 2010 net profit after tax (NPAT) to reach LE 445.9 million, a 15.6 percent increase over the past quarter, according to a…

Arab Finance

Egypt opens LE 221 mln polyester plant

Investment Minister Mahmoud Mohieldin opened a LE 221 million polyester plant of the Artificial Silk Co. in Kafr El-Dawwar, an industrial city and municipality on the Nile Delta near Alexandria.…

Arab Finance

France Telecom may discuss Orascom asset buy, Tribune says

France Telecom SA Chief Executive Officer Stephane Richard said he is ready to discuss acquiring other assets from Orascom Telecom Holding SAE, although there are no talks about its Algerian…

Reuters

Egypt oil deals abroad reach $7.4 bln by 2010

Egypt's Minister of Petroleum Sameh Fahmy said the total value of contracts made by oil companies outside the country reached $7.4 billion in 14 countries by 2010. He added that…

Daily News Egypt

Heliopolis Housing 9M net up 33 pct: bourse

Egyptian developer Heliopolis Housing increased its net profit by 33 percent in the nine months to end-March, the stock exchange said on Tuesday. The mostly state-owned firm, one of Egypt's…

Reuters

Orascom Development approves cash distribution

Orascom Development Holding shareholders agreed on Tuesday to a 0.65 Swiss franc ($0.586) per share cash distribution that will reduce the nominal value of their shares, the company said. The…

Reuters