Filmmakers upbeat despite financial gloom at Pusan fest
A cloud of financial uncertainty hung over filmmakers gathered this week for Asia s largest film festival, but by the time the curtain came down most were looking ahead with…
Hollywood celebrities join Arab stars at Abu Dhabi fest
The second edition of the Middle East International Film Festival hosted by the oil-rich emirate of Abu Dhabi kicked off Friday with a glamorous red-carpet parade.Hollywood stars Antonio Banderas and…
News in brief
Finance Ministry says 45 pct higher tax revenues in July, AugustA recent report released by the Ministry of Finance revealed that tax revenues in July and August 2008 grew by…
Two Arab homes torched in Acre, says police
JERUSALEM: Two Arab-owned apartments were set ablaze in the Israeli town of Acre amid clashes between Jews and Arabs, police said Saturday. Rioting in Acre - one of only a…
France wants Egypt to represent Arab world in G14
CAIRO: France wants Egypt to be the representative of the Arab world in the proposed expansion of the G8 nations which is to become the G14 with the inclusion of…
Mauro Guillen, 10,000 women, and the global economy
CAIRO: In his first trip to Egypt this week, Mauro Guillen was fortunate to find a few minutes to visit the Pyramids. As part of his whirlwind five-day trip to…
Economic powers stress joint action against feared 'meltdown'
WASHINGTON: Key nations threw their support behind efforts to tackle the financial turmoil and amid grim warnings of a "meltdown European leaders pledged their own action ahead of a crisis…
Egypt forex reserves, banks secure, says central bank
CAIRO: Egypt's central bank, seeking to reassure investors over Egypt's exposure to the global financial crisis, said on Sunday its foreign currency reserves and the external positions of Egyptian banks…
Egypt key stock index bounces back to close 3.1 pct down
CAIRO: Egypt's CASE 30 stock index closed 3.1 percent down at 5,492 points on Sunday after recovering from an initial plunge of 9.01 percent amid fresh concerns about the global…