Revolution-themed interpretation of Bejart’s ‘Pyramide’ ballet misses the mark
Ballet can now be counted amongst the artistic disciplines touched by Egypt’s recent revolution. The January 25 Revolution has prompted a wave of cultural production, much of it inspired by…
A PALESTINIAN VIEW: We are ready for freedom and independence
By Ghassan Khatib After its last meeting, the executive committee of the Palestine Liberation Organization announced officially its intention to go to the United Nations to seek the help of…
AN ISRAELI VIEW: Why we are going to the UN
By Yossi Alpher The Palestine Liberation Organization has now officially decided to ask the United Nations to recognize a Palestinian state within the 1967 borders. Leaving aside speculation as to…
Oil down on Europe debt worries, China rate rise
LONDON: Brent crude fell over $1 on Wednesday as China raised interest rates and Moody's cut Portugal's credit rating to "junk" status, fuelling fears about the sustainability of global economic…
Egypt’s Pioneers says seeking to acquire firms
CAIRO: Egypt's Pioneers Holding said on Tuesday it was studying the purchase of controlling stakes in housing and industrial companies listed on the Egyptian stock exchange. Pioneers Senior Vice President…
Egypt mulls withdrawing land from Palm Hills: paper
CAIRO: The Egyptian Housing Ministry plans to withdraw an unused 210 feddan (217.9 acre) plot of landfrom Egypt's second-biggest listed developer Palm Hills, a newspaper reported on Wednesday. Palm Hills,…
Egyptian natural gas supply to Israel resumes
TEL AVIV: Supply of Egyptian natural gas to East Mediterranean Gas Co (EMG) and to EMG's Israeli customers has resumed, EMG shareholder Ampal-American Israel Corp said on Wednesday. Saboteurs blew…
Egypt’s OCI gets $450 mln of Saudi Arabian projects
CAIRO: Egypt's Orascom Construction (OCI), the country's biggest listed firm, said on Wednesday its Saudi Arabian subsidiary was awarded infrastructure work there worth $450 million. Protests that toppled Egypt's Hosni…
Egypt falls ahead of mass protests
CAIRO: Concern over a mass protest planned for Friday drag down the benchmark index by 2.2 percent, its biggest single-day decline since June 2. Investors fear the protest may prolong…
Budget plan raises concerns among experts
CAIRO: Egypt’s approved 2011-2012 fiscal year budget plan, which still carries a high deficit and no plans for accepting foreign loans, raised concerns among experts in an economy that has…
