Liberals, leftists form new coalition; to contest elections under a unified roster
CAIRO: Fifteen liberal and leftist political parties and groups announced the formation a coalition calling for a civil state, citizenship rights and the protection of the revolution's objectives. The founding…
Subway expansion digs up Roman city under Sofia
Cars zoom by on the boulevards overhead as work progresses on expanding the subway underneath —and in between a full-fledged Roman city has emerged right in the heart of the…
The Russians are coming! (To reality TV)
After celebrating the fake tans and drunken antics of Italian-American youths, America's reality TV machine this week unleashes its latest ethnic portrait: "Russian Dolls." And not everyone is happy. The…
Bikya Book Café: A book pub for geeks
“It’s the living room one aspires for but never has,” said one client. “It’s a geek’s pub,” said another — and that succinctly summarizes that mood and feel of Bikya…
Oriental Weavers Q2 net falls 4.4 pct
CAIRO: Egypt's Oriental Weavers posted a 4.4 percent drop in second-quarter net profit, as a rise in raw material costs offset strong revenue growth. The world's biggest machine-woven carpet maker…
Maridive reports H1 net profit of $36.2 mln: bourse
CAIRO: Egypt's Maridive and Oil Services , the biggest oil services firm by fleet size in the Middle East, posted a 37 percent increase in 2011 first-half net profit, the…
Misr Cement Qena plans dividend of LE 5
CAIRO: The board of Egypt's Misr Cement Qena plans to pay a dividend of LE 5 ($0.8) per share from first-half profit, the firm said in a note to the…
EIPICO posts 1.8 pct increase in H1 profit
CAIRO: Egyptian drug maker EIPICO's 2011 first-half net profit rose 1.8 percent year-on-year to LE 182 million ($30.5 million), the stock exchange said. Net profit for the same period in…
Raya says H1 profit falls 39 percent
CAIRO: Egypt's Raya Technology and Communication posted a 39 percent drop in first-half 2011 net profit to LE 12.4 million ($2.1 million), it said in a statement emailed on Sunday.…
Nasr City Housing H1 profit falls 50 percent
CAIRO: Egyptian developer Nasr City Housing suffered a 50 percent decline in first-half net profit, the company said in a note to the stock exchange on Monday. The formerly state-run…
