‘Artist’ wins best-picture at indie Spirit Awards

By David Germain / AP "The Artist" won best picture and three other prizes Saturday at the Spirit Awards honoring independent film. The film also won for best director for Michel…

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DJ lessons: Revenge of the house party

By Maha ElNabawi Midway through Italian DJ Marco Passarani’s performance this past Thursday at the Cairo Jazz Club, two things became instantly apparent about the local dance music scene. Firstly, and…

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AbolFotoh recovers, assailants arrested

By Mai Shams El-Din CAIRO: Ministry of Interior said Saturday police arrested the four assailants who attacked presidential hopeful Abdel Moniem AbolFotoh last Thursday. According to potential candidate’s campaign, he was…

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Lost oil billions leave Sudan’s economy reeling

By Ian Timberlake / AFP KHARTOUM: Sudan has lost billions of dollars in oil receipts since the south gained independence last year, and is plagued by soaring prices and a weakening…

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Parliament to meet to elect constitution body March 3

By Dina Zayed / Reuters CAIRO: Egypt's military rulers invited parliament's two houses to convene on Saturday to elect an assembly tasked with writing the country's first constitution since the overthrow…

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Iraq seeks investment to upgrade transport network

By AFP BAGHDAD: Iraq's transport minister appealed to foreign firms on Sunday to help restore his country's dilapidated infrastructure by rebuilding airports and constructing a European-style rail network. Hadi Al-Ameri…

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Libya amending bank law to attract foreigners

By Ali Shuaib / Reuters TRIPOLI: Libya is amending its banking laws to attract foreign investment and stimulate its private sector as it seeks to create an investor-friendly environment following last…

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IMF sounds warning for global economy on rising oil

By Reuters MEXICO CITY: The International Monetary Fund flagged higher oil prices as a rising threat to the global economy on Friday, urging policymakers to keep a close eye on…

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Sea Dragon to revise NPC Egypt share purchase agreement

  CAIRO: Sea Dragon, a Calgary-based energy company, is revisiting the terms of the share purchase agreement for National Petroleum Company Egypt Limited (NPC Egypt), a wholly owned portfolio company…

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Of patriotism and pyramid schemes

By Rania Al Malky CAIRO: Absurdity has taken on new meaning in the Egyptian socio-political context. If one year after Egypt’s downtrodden and destitute people toppled Mubarak with thunderous, unrelenting calls…

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