Foreign stars light up French comics fest
From Marjane Satrapi, the Iranian creator of "Persepolis, to cutting-edge artists from Seoul or South Africa, star authors joined some 200,000 fans in southern France this week for the world's…
Egypt food prices inch down, but is it enough?
CAIRO: After more than a year of hardship, food vendors around Cairo are just now beginning to breath a sigh of relief as they see sky-high food prices receding. Many…
Independent MP slams Nasrallah's comments on Egypt
CAIRO: Independent MP Hamdeen Sabahy censured Hezbollah leader Sayed Hassan Nasrallah for attacking "the Egyptian political regime. "Nasrallah's statements seek to engage Egypt in a war and that is something…
Labor Party official arrested in Rafah, Egypt installs surveillance equipment along border
CAIRO: Security forces on Saturday detained Magdy Ahmed Hussein, secretary general of the Labor Party, for allegedly entering Gaza illegally.Magdi El-Kurkur, a member of the Labor Party, said Hussein was…
Israel vows to strike Hamas after Gaza rocket fire
JERUSALEM: Israel vowed to strike back at Hamas on Sunday after renewed rocket fire from Gaza two weeks after the end of a bloody war in the battered Palestinian territory."We've…
Erdogan was strong and courageous, says Ahram Center analyst
CAIRO: As thousands in Istanbul gave Turkish Prime Minister Recep Tayyip Erdogan a hero s welcome for storming out of the World Economic Forum in Davos, his actions are being…
Trade ministers to strive for Doha deal this year
DAVOS: Key trade ministers agreed on Saturday to step up efforts to reach a new global trade deal and guard against protectionism to help pull the world out of economic…
Egypt shares fall on local selling, OCI weighs
CAIRO: Egypt s main stock index recoiled on Sunday, with heavyweight Orascom Construction (OCI) providing selling impetus by shedding more than 5 percent in low-volume trade dominated by local investors.…
News in brief
Mobinil says Q4 profit up 25 percent Mobinil, Egypt s largest mobile operator by subscribers, said on Sunday its fourth-quarter profit grew 25 percent to LE 551 ($99 million), beating…
EU extends rules for supporting film industry
The European Commission extended last week rules allowing member states to support film-makers with public money.With current arrangements due to expire at the end of the year, the European Union…