Pachin 2009/10 net profit jumps 70 pct
Egyptian paintmaker Pachin said on Thursday its full-year net profit rose 70 percent to LE 154.7 million ($27 million). Net sales at Egypt's largest listed paint maker increased 9.5 percent…
Obama faces pressure to call for open political system in Egypt, says WSJ
CAIRO: Congress and several US-based human rights groups are pressuring the Obama administration to push for an open Egyptian political system ahead of the presidential elections, as President Barack Obama…
Egyptian developer TMG buys out Cairo Four Seasons
Talaat Moustafa Group, Egypt's biggest listed property developer, said on Wednesday it has bought out Kingdom Hotel Investments’ stake in a Four Seasons hotel in Cairo as it builds up…
Textile firms lead Egypt index up
Egypt's benchmark index gained, led by Arab Cotton Ginning on expectations the firm will pay a big dividend in the coming weeks. "We are hearing rumors there is going to…
BUE’s nursing faculty out to change job’s stigma
CAIRO: Under the slogan “Today’s students in Egypt. Tomorrow’s nurses of the world,” the Maghrabi Mansour International Nursing Faculty (MMINF) at the British University in Cairo (BUE) set out to…
World leaders warn over Mideast talks failure
LONDON: Britain and Germany threw their weight behind Thursday's direct talks in Washington between Israel and the Palestinians, warning that "failure would be very serious". Saying the European Union stood…
US Defence chief Gates on surprise visit to Afghanistan
KABUL: US Defence Secretary Robert Gates arrived in Kabul Thursday on a surprise visit following a trip to Iraq, where he attended ceremonies to mark the formal end of the…
Iranian filmmaker Panahi relies on ‘patience, resistance’
Prominent Iranian director Jafar Panahi is optimistic for the future of filmmaking in his country despite a "restrictive" regime that jailed him for nearly three months. "There have always been…
Hamas vows more deadly attacks on Israelis
JERUSALEM: Hamas vowed to press its campaign of deadly attacks on Israelis aimed at protesting a new round of Middle East peace talks set to kick off in Washington on…
Venice film fest opens with Tarantino, Portman on red carpet
Natalie Portman and jury head Quentin Tarantino shared the red carpet Wednesday as the prestigious Venice film festival kicked off with the screening of Darren Aronofsky's "Black Swan." Fans…