Unit of Egypt’s OCI wins a $578 mln mall contract
CAIRO: A unit of Egypt's Orascom Construction won the main €416 million ($578 million) construction contract to build a mall in the capital of the United Arab Emirates, the firm…
SODIC registers sales of $96 mln to end-Sept
CAIRO: SODIC, Egypt’s third-biggest listed real estate firm, registered almost LE 570 million ($95.6 million) worth of sales to the end of September, the firm said in a statement on…
Mobinil says customer boycott subsides
CAIRO: The number of subscribers cancelling their Mobinil subscriptions has tumbled from a peak earlier this year when some customers took offence at a cartoon posted online by the company's…
Mobile phone July subscriptions up 29 pct
CAIRO: The number of mobile phone subscriptions in Egypt grew 29 percent from a year earlier to 77.76 million as of July, government figures showed on Sunday. In June the…
Gulf bourses disappointed by G20; Egypt continues rally
DUBAI/CAIRO: Gulf bourses were mixed on Sunday with the UAE's two markets hitting new multi-month lows as traders said the weekend's Group of 20 meeting in Paris had failed to…
Estonian animated film wins Anim’est award in Bucharest
BUCHAREST: Estonian short animated film "Body Memory" directed by Ulo Pikkov was late Saturday awarded the top prize at the Anim'est animation festival in Bucharest. The nine-minute film focuses on…
Algerian author scoops German book prize
BERLIN: Internationally acclaimed Algerian author Boualem Sansal Sunday received the annual German Book Trade Peace Prize and said that people everywhere were rising up against dictatorship. Sansal, 62, received the…
Grand banquet of documentaries enthrall at Abu Dhabi
Once again, the Abu Dhabi Film Festival cements its reputation as the regional Mecca for documentaries, thanks to an exciting selection featuring some of the biggest names in documentary filmmaking…
Milton Friedman’s magical thinking
By Dani Rodrik CAMBRIDGE: Next year will mark the 100th anniversary of Milton Friedman’s birth. Friedman was one of the twentieth century’s leading economists, a Nobel Prize winner who made notable…
Afghanistan: A decade of war with no end in sight
By Scott Tankel In October 2001, the United States executed Operation Enduring Freedom. From the onset of the invasion, President Bush made clear that the main objectives of US military action…