'Slumdog Millionaire' wins top prize at Oscars indicator
Rags-to-riches drama "Slumdog Millionaire cemented its status as favorite for next month's Oscars here Sunday after winning the top prize at the Screen Actors Guild Awards.The Mumbai-set love story about…
OCI, OT help Egypt's benchmark stock index rise
CAIRO: Foreign investors snapped up shares of Orascom Construction Industries (OCI), helping Egypt's benchmark stock index rise 0.72 percent on Monday, traders said. Shares in OCI, Egypt's largest listed builder,…
ONE ON ONE: Maged Shawky: Egypt's capital market 'ready for innovation'
CAIRO: During this sobering chapter in history of the financial world, Egypt's emerging capital market is moving forward with its plans, readying itself for times of recovery. Coming off a…
From Hubris to Humility – Davos 2009
If we needed reminding about why this week's World Economic Forum is important, look at the pages of newspapers. Job losses, bank write downs, economic collapse and no end in…
PA postpones Israel gas exports interpellation
CAIRO: The People's Assembly decided Sunday to postpone the discussion of a parliamentary interpellation over the government's refusal to halt gas exports to Israel during the Gaza offensive. The parliamentary…
EU holds talks with Egypt, Palestinians on Gaza
BRUSSELS: European Union foreign ministers pressed Egypt on Sunday to do more to prevent weapons from being smuggled to Hamas in the Gaza Strip - a problem undermining efforts to…
Shalit should not be part of Gaza truce deal, says Hamas
CAIRO: Captured Israeli soldier Gilad Shalit should not be part of a deal to end the siege of Gaza, a Hamas leader said after talks in Cairo, where the Islamists…
US Mideast envoy leaving on first visit to region
WASHINGTON: President Barack Obama is sending his special Mideast envoy on an initial mission to the region for talks on keeping alive a fragile Gaza ceasefire with Israel and reviving…
Italy to hold G8 farm summit with developing nations
ROME: Italy announced Friday plans to hold a G8 agriculture summit with six emerging economies in April to find ways of beating the global food crisis. The Italian government proposes…