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…

Sabah Hamamou

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…

Kate Dannies

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…

AFP
AFP

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…

Heba El-Sherif

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…

Daily News Egypt

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…

Daily News Egypt

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.…

Daily News Egypt

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…

Safaa Abdoun

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…

Yasmine Saleh

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…

AP
AP