18-year-old kills friend over cell phone
CAIRO: Pedestrians by the railroad crossing of Mansheyet Nasser witnessed a horrific scene when 18-year-old Hossam Arabi Fathi grabbed 21-year-old Mohamed Al Sayed's head and took a knife to his…
Olmert likens Israel to apartheid South Africa
CAIRO: Israeli Prime Minister Ehud Olmert has declared that if a Palestinian state is not created soon it will cause a "South African-style apartheid struggle that would spell the end…
Bloomberg: Hosni Mubarak "Paves way" for son Gamal
CAIRO: New York-based news agency Bloomberg ran an article Wednesday contending that President Hosni Mubarak is preparing for his son Gamal to take over as president.The article notes that four…
Sodic year-on-year revenues reach LE 321 mln
CAIRO: Sixth of October for Development and Investment Company (Sodic) recorded a five-fold increase in year-on-year revenues to LE 321.25 million for the first nine months of 2007.Releasing its third…
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…
