Hilal claim Abou-Trika deal
CAIRO: Saudi champions Hilal have announced that AhlY ace Mohamed Abou-Trika is close to joining their ranks.Hilal s official website issued a statement emphasizing that they are set to clinch…
Spain reigns as world No.1, Egypt advances to 16
ZURICH, Switzerland: European champion Spain has ended the year as the world s No.1-ranked nation in the latest FIFA list published Wednesday.Spain won all 16 of its matches in 2008…
Bollywood looks to make drama out of real-life tragedy
Just weeks after the gunfire stopped, some Bollywood producers have already registered film titles about the Mumbai attacks - suggesting that the bloody events could soon be depicted on screen.Many…
Clooney, Hanks urge against Hollywood actors strike
More than 130 of Hollywood s best known movie stars have written to leaders of the entertainment industry s biggest actors union to urge against calling a strike, it was…
Ebert gets life membership from Directors Guild
Roger Ebert is becoming an honorary life member of the Directors Guild of America.The announcement Tuesday from the top union representing Hollywood filmmakers says Ebert is receiving the honor at…
World powers, Arabs share concern on Iran nuclear program
UNITED NATIONS: Arab nations conferred Tuesday with six nations leading international efforts to convince Tehran to abandon its nuclear program, in a first-of-its-kind briefing at the United Nations.The five permanent…
OPEC agrees to record cut in oil output: Saudi minister
ORAN: The OPEC oil cartel agreed on Wednesday to a record output cut of two million barrels a day, the Saudi Arabian oil minister said, with non-member producers also ready…
Court overturns decision to audit private newspapers
CAIRO: The administrative court overturned Tuesday a decision by the Central Auditing Agency (CAA) to monitor the financial and administrative records of privately owned newspapers.The head of the Cairo Administrative…
One On One: Credit Agricole looks forward to branching out in Egypt
CAIRO: Like many Egyptian banks, Credit Agricole Egypt (CAE) has plenty of cash on hand. But while a loan-to-deposit ratio of 40 percent - Egypt's national average is above 50…
BUSINESS BEAT: 'MasterCard can be very Islamic,' says exec
CAIRO: In Egypt, where the colloquial term for any credit card is "visa, it is easy to forget that a host of financial service companies are here, vying for a…