CIB posts Q1 net profit of LE 529 mln
Commercial International Bank (CIB), Egypt's biggest private bank by assets, said a surge in non-interest income helped first-quarter consolidated net income grow 12 percent, beating forecasts. The board of directors…
Talaat Moustafa Q1 net up 3 pct, hotels help
Talaat Moustafa Group, Egypt's biggest listed developer, posted a 3.2 percent rise in first-quarter net profit after it recognized more revenue from completed homes and a pickup in tourism helped…
Egyptian Resorts reports Q1 loss, no land sales
Real estate firm Egyptian Resorts slipped to a net loss of LE 2.9 million ($517,600) in the first quarter of 2010 after failing to sell any land, its main source…
Cannes focuses on emerging filmmakers
This year's lineup at the Cannes Film Festival is leaner and less star-studded than usual, but you wouldn't know that from Wednesday's high-glamour opening ceremony. Hollywood celebrities from Eva Longoria…
Spewing Sparks: The real face of Saudi Arabia?
After a long and controversial debate surrounding the 2010 International Prize for Arabic Fiction, known as the Arabic Booker, the dubious committee decided to award its top prize to the…
Hamas accuses Egypt of torturing prisoners
GAZA CITY: Gaza's Hamas rulers, whose relations with Cairo are growing increasingly tense, on Wednesday accused Egypt of torturing Palestinian prisoners. "They are subjected to horrible methods of torture, electrocuted,…
EU urges full rights legislation in Egypt
BRUSSELS: The European Union on Wednesday urged comprehensive new rights legislation in Egypt in the wake of the revision of a decades-old emergency law that was extended for two years.…
Canada calls on Egypt to lift emergency law
OTTAWA: Canadian Foreign Minister Lawrence Cannon on Wednesday called on Egypt to lift its decades-old state of emergency, saying a proposed extension will hinder respect for human rights in the…
Jewish mystics on the Sufi path
BONN, Germany: Jews do not traditionally destroy texts that include the name of God — even when they are no longer needed. Such texts are kept in the synagogue in…
Non-violence needs women
RAMALLAH: It is not easy for a Palestinian woman to say that she wants to work against violent extremism in the context of the Palestinian-Israeli conflict. To begin with, as…