Beltone launches BAM 30 index
CAIRO: Cairo-based investment bank Beltone Financial launched Sunday a new market index, the BAM 30, which lists the top 30 companies based on liquidity.The index will be rebalanced quarterly to…
EFG analysts cautiously optimistic on Egypt's real estate sector
CAIRO: Egypt's real estate sector will experience a gradual recovery due to "slower economic growth and oversaturation at the high end of the market, according to a recent report.Local investment…
Saudi may shut TV offices over 'sex' talk show
The Saudi offices of a Lebanon-based satellite station controlled by tycoon Prince Alwaleed bin Talal could face closure over a racy talk show featuring a man boasting about his sex…
Mixed bag in Arab School for Film presentation
Cairo Opera House's Artistic Creativity Center hosted this week a screening of a series of mostly Egyptian short narratives and documentaries produced by students of the Arab School for Film…
Europe's Stifled Celebration
LONDON: This could have been a year of joy for Europe. The 20th anniversary of the fall of the Berlin Wall will be commemorated in November, and it has been…
The right to live! The Courage to be afraid
RAMAT HASHARON: On its 62nd birthday, Israel is still in the grip of existential fears. The speech made by US President Barack Obama in Cairo and his conciliatory words to…
Farah Pandith and US engagement with Muslims
Pandith's appointment is an opportunity, not a panacea - Anja Manuel WASHINGTON, DC: In July 2009, Secretary of State Hillary Clinton named Farah Pandith the Special Representative to Muslim Communities.…
Drug addiction hotline gets 8,000 calls in six months
CAIRO: Egypt's Minister of State for Family and Population Moshira Khattab said that the country's drug addiction hotline has received over 8,000 calls in the past six months, reported the…
Three Egypt drug companies close, owners imprisoned
CAIRO: An Egyptian court found the owners of three pharmaceutical companies guilty of manufacturing and selling counterfeit drugs to the public.The owners of Daber Egypt Ltd., Nunu Misr for Child…
Muslim group: Schalke anthem OK
GELSENKIRCHEN, Germany: A top official with a German Muslim group says he sees no problem with a decades-old anthem at Bundesliga club Schalke that mentions the Prophet Mohamed.Schalke has asked…