As tides of global auto-making shift, Egypt tries to catch a wave
CAIRO: When Egyptian officials made their manufacturing pitch to a group of British auto market brass at a trade show earlier this month, they were able to attach an odd…
Egypt stocks gain, led by telecoms and Talaat Moustafa
CAIRO: Egyptian stocks piped slightly higher on Monday led by telecoms and real estate developer Talaat Moustafa, even as Gulf bourses slumped on banking and recession worries. Talaat Moustafa gained…
Oil extends decline to new 17-month low under $62
PERTH: Oil tumbled more than 3 percent to another 17-month low on Monday, extending deep losses amid growing doubts over whether world governments can tame a crisis that threatens to…
Cleopatra to rise again – in 3D
The grandeur and glamour of Cleopatra is coming back to the silver screen - but this time as a three-dimensional rock musical, Hollywood media said Friday.US director Steven Soderbergh is…
Kenyan, Nigerian and Angolan win African literature prize
Kenyan author Ngugi wa Thiang o, along with Nigerian Ben Okri and Angolan writer Ondjaki won an inaugural African literature prize here on Friday.The ceremony for the first-ever Grinzane For…
Mediterranean union water conference called off
PARIS: A conference of European Union and Mediterranean states due to take place in Jordan has been postponed indefinitely because of regional tensions, officials said on Saturday in Paris. The…
Shikabala set for comeback
CAIRO: Zamalek playmaker Mahmoud "Shikabala Abdel-Razeq was set to return to action on Monday after serving a six-month suspension. He will feature for Zamalek s youth team against Harras Al…
Finalists Cotonsport and Ahly warm up with victories
JOHANNESBURG: African Champions League finalists Cotonsport Garoua of Cameroon and Al-Ahly of Egypt warmed up for the first leg with victories on Sunday.Cotonsport retained the Cameroon Cup by defeating Aigle…