THE REEL ESTATE: Lost in the Pirates' labyrinth
American critics attending the press screening of the third, and presumably the last, installment of the record-smashing Disney franchise Pirates of the Caribbean were given a notice asking (or rather…
Ancient Egyptian martial art revived and revisited
The sport is, by some descriptions, a masculine and sometimes bloody martial art. More commonly, however, it is described as a quaint folkloric village dance. It is not a dance,…
Sodic back on top after poor performance last year
CAIRO: In a statement by the Cairo and Alexandria Stock Exchanges, the Sixth of October Development and Investment Company (Sodic) made a net profit of LE 50.52 million ($8.88 million)…
Egypt's EFG-Hermes to enter Qatar as joint venture
CAIRO: EFG-Hermes, Egypt s largest investment bank, said on Wednesday it would enter the Qatari market in a joint venture with an unnamed local Qatar company with start-up capital of…
Egypt to be outsourcing 'India of the Middle East'
Egypt is poised to become the India of the Middle East as it seeks to ramp up its share of the global outsourcing market, experts predict, according to reports by…
Corecap launches the world's first Islamic private equity fund
DOHA: Corecap, the regional investment and advisory firm specialized in alternative investments, announced today the launch of its first $150 million Corecap Islamic private equity Fund I (Cipef I). Cipef…
PA questions government's role in high unemployment rate
CAIRO: The government holds the biggest share of responsibility for the unsolved dilemma of unemployment that Egypt has been suffering for many years, said Mohamed Khalil Kwaitah, a PA member…
Political Parties committee approves the Democratic Front Party
CAIRO: The political parties committee at the Shoura Council officially approved the founding of the Democratic Front Party yesterday. Osama El Ghazali Harb, the appointed member of the Shoura Council…
Kefaya calls for referendum on privatization, blasts corruption in new report
CAIRO: The Kefaya Movement for Change has taken a stand this week against the privatization of state-owned properties, calling for a national referendum before any further sales can take place.…
Solana aiming to reduce tension in region
EU foreign policy chief reiterates support for Lebanese armyCAIRO: Having met with President Hosni Mubarak and Arab League chief Amr Moussa in Cairo, EU High Representative for the Common Foreign…
