Spielberg wins funds to launch new studio
The new DreamWorks Studios run by Steven Spielberg and Stacey Snider announced Monday it had finalized a $825 million deal with Indian conglomerate Reliance ADA Group.DreamWorks said it had secured…
Emmy continues great year for female music artists
With women dominating the pop charts and this year s Mercury Prize shortlist, Hong Kong-born singer-songwriter Emmy the Great is the latest performer riding the new wave of talented female…
Egypt index tracks sideways in low volume
CAIRO: Egypt s main index tracked sideways in low volumes as big cap firms pared some of their sharp losses from the previous session. Egypt Kuwait Holding helped keep the…
Obama seeks Egypt help in Mideast deadlock
WASHINGTON: US President Barack Obama, bidding Tuesday to breathe new life into his Middle East peace push, is looking to Egyptian leader Hosni Mubarak help break a deadlock between Israel…
Obama neglecting Egypt political reform, says Ayman Nour
CAIRO: Egyptian dissident Ayman Nour on Monday accused US President Barack Obama of neglecting pledges to support political reform in the Arab world s most populous country.Speaking a day before…
Clinton raises human rights with Egypt, presses on normalization
WASHINGTON: US Secretary of State Hillary Clinton on Monday raised human rights concerns with Egyptian President Hosni Mubarak, whose ties with the previous US administration were soured by the issue,…
'I have never discussed succession with my son,' says Mubarak
CAIRO: President Hosni Mubarak said in a television interview that he never discussed the issue of succession with his son Gamal but stopped short of refuting that he would succeed…
QUEST MEANS BUSINESS: On becoming a Smug Share Bore
You can spot them at cocktail parties. You can spot them on the golf course. You can spot them at restaurants around the globe. Standing, holding court to all who…
IN DEPTH: Egypt eyes investments in Iraq
CAIRO: Minister of Investment Mahmoud Mohieldin led an 80-member delegation of mostly businessmen last week to explore potential investment opportunities in another country. This is pretty routine for ministry officials…
Analysts mixed on Ezz Al-Dekheila results
CAIRO: Ezz Al-Dekheila Steel reported its earnings this week, signaling a marked decline from its second quarter earnings a year ago and a small decline from first quarter 2009 revenue.Ezz…