News In Brief
Mobinil Q1 profit up as subscriptions jumpMobinil posted its sixth rise in profit in seven quarters on Wednesday as subscribers rose sharply, but the company s chief executive said the…
Next African Union summit to kick-off June 30 in Egypt
ADDIS ABABA: The 53 nation African Union will hold its next summit in the Egyptian resort of Sharm El-Sheikh on June 30-July 1 and increasing the supply of drinking water…
Muslim Brotherhood condemn price hikes
CAIRO: Despite keeping a low profile during the April 6 and May 4 general strikes, the Muslim Brotherhood (MB) denounced the recent price hikes that were approved by the People's…
Campaign to stop gas exportation to Israel seeks no-confidence vote for Fahmy
CAIRO: A campaign to put a stop to the exportation of Egyptian gas to Israel is seeking a motion of no confidence in Minister of Petroleum Sameh Fahmy in the…
Beirut gunbattles as Hezbollah says govt 'declares war'
BEIRUT: Fierce gunbattles erupted in Beirut on Thursday after Hezbollah chief Hassan Nasrallah charged that a Lebanese government crackdown on his group's activities was tantamount to a "declaration of war.…
Microsoft reseller exploited state PC initiative, says local office
CAIRO: Technology leviathan Microsoft sued eight software resellers last week for breaching copyright rules, including one in Egypt that held hundreds of thousands of dollars worth of pirated goods garnered…
Merrill Lynch hosts 'wealth and success – a female perspective'
CAIRO: Merrill Lynch's Global Wealth Management (GWM) group held on May 7 an educational event for women investors from Egypt and the Middle East, the firm said in a press…
Urban inflation hits 16.4 pct
CAIRO: CAPMAS announced Thursday that urban inflation in Egypt rose to a new three-year high of 16.4 percent in the year to April, up from 14.4 percent in the year…
The metamorphosis of Egypt
When you think of a regular exhibition of photographs taken in Egypt, images of Pharaohs, the Pyramids and the Nile River spring to mind. This is not the case with…
Two shades of flamenco
The perception of flamenco dancing instantly conjures up images of dancers in swirling red skirts. Accompanying these figures is the sound of the feverish strumming of guitars, and a song…