Zimbabwe bars S.African pop group from performing
A South African pop group known for its World Cup collaboration with Shakira has been barred from performing in neighboring Zimbabwe after releasing a video depicting President Robert Mugabe as…
‘Slumdog’ director Boyle returns for ‘127 Hours’
"Slumdog Millionaire" director Danny Boyle has delivered another grim crowd-pleaser to film festival crowds. Boyle's survival tale "127 Hours," starring James Franco in the real-life story of a wilderness adventurer…
Actress Carey Mulligan says schmoozing isn’t her scene
British actress Carey Mulligan said Monday that networking and schmoozing at film festivals just isn't her scene, after the world premiere of Mark Romanek's film "Never Let Me Go" in…
ICLD employees resume sit-in after unfulfilled pay pledges
CAIRO: Information Centers for Local Development (ICLD) workers were back on the street Tuesday protesting the government’s failure to uphold pay increase pledges. “The government created these centers to address…
GB Auto passenger car sales up 17 pct
GB Auto’s passenger car sales in Egypt increased 17 percent over the previous year, according to the Automotive Marketing Information Council monthly report. The number was up 6 percent over…
Thomson Reuters unveils new tool for finance professionals
Thomson Reuters recently launched a new desktop for financial market professionals, Eikon, which places the most comprehensive market information, news, analytics and trading tools available into an easy to use…
Dina Farms to expand store network to 20
Dina Farms, an Egyptian integrated commercial farm, unveiled a new retail strategy that will grow its chain of stores to 20 branches within the next two years, according to a…
Nasr City full-year net profit down 25 pct
Egyptian developer Nasr City Housing posted a 25 percent fall in full-year net profit, the bourse said on Tuesday. The formerly state-run company, now about 30 percent owned by Beltone…
Promising measures for Egypt’s market
CAIRO: The Egyptian Exchange 30 (EGX30), Cairo’s main stock market index, has had something of a volatile year in 2010, as it rallied through the first quarter, declined through much…
Egypt announces real estate tax exemptions
CAIRO: Egypt’s Real Estate Tax Authority has exempt 6 million people and 9 million units from paying property taxes this year, making up roughly 90 percent of the tax base,…
