OCI approves bond, eyes acquisitions
Egyptian builder and fertilizer maker Orascom Construction Industries (OCI) said on Monday it approved the issue of LE 1.65 billion ($289 million) of bonds for purposes including possible acquisitions. Ninety…
Orascom Development plans rights issue to fund growth
Real estate and hotels firm Orascom Development said on Monday it was tapping shareholders for 185 million Swiss francs ($183 million) to speed up growth and take advantage of low…
They’re not garbage: Zabaleen, Digla help spread peace through music
“If it was a good world, there would be ceasefire everywhere and people would be allowed to go into the conflict zones,” says 19-year-old Soliman El-Ashkar, in commemoration of the…
125 YouTube videos shortlisted for Guggenheims
Among the hundreds of thousands of videos uploaded daily to YouTube, surely a work of art is in there somewhere. Such is the premise behind "YouTube Play: A Biennial of…
‘The King’s Speech’ wins Toronto film fest award
"The King's Speech," a movie about a stammering British royal pressed to overcome a speech disorder to rally his empire at war, won the Toronto film festival's People's Choice Award…
Mansour claims Shikabala death threat
CAIRO: Further to his scathing attack on Shikabala, controversial attorney Mortada Mansour accused the Zamalek star of threatening to kill him during the Whites' 3-1 win over Smouha on Friday.…
Facebook fervor feeds ‘The Social Network’ fascination
Promises of elitism, geekdom, betrayal and greed are fueling anticipation for the Oct. 1 release of "The Social Network," Hollywood's take on the birth of social networking king Facebook. Facebook…
AIK reject Ahly’s bid for Bangura
CAIRO: Swedish outfit AIK turned down the offer that Ahly had tabled to acquire the services of Sierra Leone forward Mohamed Bangura, FilGoal.com understands. The 21-year-old has been on the…
Kawy maintains Egyptian glory hopes
SHARM EL SHEIKH: Omneya Abdel Kawy may wish to feed off the memories of two years ago in Cairo when she led Egypt to a world team title triumph with…
One on one with Mostafa Bakry: State is backing ministers against independent opposition
CAIRO: In Helwan, a fierce battle between prominent opposition MP, Mostafa Bakry, and Minister of Military Production, Sayed Mesha'l, is underway; a forced confrontation between both strong candidates after the…