Egypt inflation tops 21 percent
CAIRO: Inflation soared to 21.1 percent in Egypt in May, its highest level in 10 years, official statistics carried by the state MENA news agency said on Tuesday.The head of…
Mubarak stays away from mini-summit in Libya
CAIRO: Government officials say President Hosni Mubarak will stay away from an Arab mini-summit in Libya to avoid an encounter with Syria s president.The mini-summit in Tripoli on Tuesday was…
Hundreds of students stranded in Gaza due to border closures
GAZA CITY: They squander their days watching TV and surfing the web instead of studying, but it s not for lack of discipline: Gaza students accepted at foreign universities are…
Opposition gas campaign uneasy about Fahmy's announcement
CAIRO: Petroleum Minister Sameh Fahmy's Sunday announcement that gas export prices would be reviewed was perceived as a victory for the opposition campaign, but its spokesman still expressed concern.In a…
'Marry or be fired', Iranian state firm warns
TEHRAN: A major Iranian state-owned company has told its single employees to get married by September or face losing their jobs, the press reported on Tuesday."One of the economic entities…
Alexandria City Center to undergo LE 370 million expansion
ALEXANDRIA: The development and expansion plan for Alexandria City Centre began last month, and the project will see the mall almost double in size, according to a statement released to…
Upgrading Egypt's database
CAIRO: The Ministry of Communications and Information Technology (MCIT) and the Central Agency for Public Mobilization and Statistics (CAPMAS) recently joined forces to upgrade Egypt's database system."The protocol encompasses four…
Piraeus Monday trade triggers circuit breaker
CAIRO: The Cairo and Alexandria Stock Exchange (CASE) slammed the brakes on Piraeus Bank Egypt's stock during Monday's session, when trading propelled the price past the 20 percent daily increase…
Pakistani movie fails to revive Srinagar cinema
The first Pakistani movie screened in India in over four decades failed to revive the flagging fortunes of Srinagar s sole cinema, with people in the restive Kashmiri city staying…
THE REEL ESTATE: Kingdom come in a "Cabaret"
Halfway through watching Tamara Jenkins's little-seen small gem "The Savages , I experienced a quasi-epiphany. As I waited in anticipation for the next volatile confrontation between the two siblings, played…
