BRIEFS 30/11/2007
PTT to buy 25 pct of East Mediterranean Gas for $486.9 mlnDow Jones reported that Thai energy conglomerate PTT PCL said it agreed to buy 25 percent of Egypt's East…
TMG first-day trading below market expectations, dips on day two
CAIRO: Talaat Mustafa Group (TMG) shares inched down to close at LE 13.28 on the second day of trading, after performing worse than expected on their market debut. Major stocks…
Economic growth at 6.85 pct in third quarter
CAIRO: The Egyptian economy grew 6.85 percent in the July-September quarter of 2007, said Minister of Economic Development Osman Mohammed Osman.The current rate of growth inched down, compared with 7.2…
Software piracy may cost Middle East $180 bln in 4 years
CAIRO: It's no secret that the exponential growth of the IT industry has opened the door for illegal trade and cyber crime, and that stringent measures must be taken to…
A not so heavenly picture
It wouldn't be an overstatement to describe the reaction that greeted Saad Hindawy's much-awaited sophomore effort "The Seventh Heaven as ecstatic. Hindawy's film was highly praised by a group of…
Egypt in pictures
It was a family merging of sorts in The American University in Cairo's Sony Gallery at John Feeney's "River Man photography exhibit opening. New Zealand's Feeney, who passed away this…
Ana Masry: A message of optimism and national pride
Even before Ehaab Abdou entered the hall from backstage at AUC, there were no seats left in the audience. People sat all the way up to the floor where the…
Sawiris attacked at Heaven press conference, pandemonium ensues
CAIRO: The 31st Cairo International Film Festival's main sponsor Naguib Sawiris was attacked Wednesday by a journalist from the independent daily El Arabi El Nasiri newspaper who accused him of…
Reflections: Punishing the victim
I've never met a rape victim. I've never met a woman who was kidnapped, taken at knife point to a secluded place and violated sexually 14 times by seven criminals…
Bridging businesses, bridging worlds
WASHINGTON, DC: Business has often been a catalyst for cultural blending and has proven capable of having profound effects on culturally or religiously dissonant societies. Overall, interactions resulting from commercial…