Misr Clearance to launch capital market financial information company
NOOZZCAIRO: Misr Company for Settlement, Clearance and Central Depository (MSCD) signed evening a new contract with Atos-Euronext Company earlier this week to set up a new financial information operation for…
Children exhibit their artistic expression
Rasha Soliman develops her students self-confidence through art CAIRO: As you enter the underground room at the Gezira Arts Center, you find yourself surrounded by an atmosphere that exudes liveliness,…
Pirates makes another large splash
Sequel offers audiences a couple of hours of waterlogged funCAIRO: For many centuries people have been fascinated by fictional adventure tales about legendary pirates like Sinbad and Long John Silver.…
Weapons of War: Open Season on Journalists in the Middle East
After the carnage of this past weekend, they would seem to fade almost into insignificance - and that's understandable, but they bear noting. The Israeli destruction of TV transmission towers…
Blissful night
ŠΘ###The beautiful wedding at the JW Marriot was attended by many ministers, businesspeople and celebrities, here, Mr. and Mrs. Sameh Fahmy (Minister of Petroleum) with his daughter Samar and her…
Shaaban Abdel Rahim releases a new song in protest of Israel
CAIRO: A populist crooner who won fame for his ditty I Hate Israel is releasing a new song in protest against Israel s attack on Hezbollah, his production manager announced…
Public banks to receive $1 billion capital increase
CAIRO: Having recently been downgraded by the ratings agency Moody s, National Bank of Egypt (NBE) will share a capital injection of $1 billion (LE 5.7 billion) with the Banque…
MobiNil says defers applying for 3G license
CAIRO: Egyptian mobile phone service operator MobiNil said on Monday it would defer making a decision on whether to apply for a license for higher-bandwidth 3G technology for a year…
Palestinians insult Egyptian leadership during march to support Hezbollah
RAMALLAH: More than 2,000 Palestinians denounced moderate Arab leaders in a march in support of Hezbollah yesterday.The protesters marched through Ramallah s main thoroughfare, carrying pictures of Hassan Nasrallah, leader…
Abraaj Capital makes offer on EFG Hermes shares
Move makes UAE company single largest shareholder in bankCAIRO: Thanks to an offer made by UAE-based Abraaj Capital Limited, a private equity firm, to buy a 25 percent in Egyptian…