Egypt’s Amer says scrapping Porto Marina expansion
CAIRO: Egyptian real estate company Amer Group said on Wednesday it was scrapping plans to expand its Porto Marina Golf resort due to the economic slowdown. Chief Financial Officer Hisham…
CI Capital, CIB to partner with China Development Bank
CAIRO: Investment bank CI Capital and Commercial International Bank will develop a partnership with China Development Bank that includes international syndicated loans for investment projects, according to a statement. The…
Amr Moussa supports El-Fiqqi as his Arab League successor
CAIRO: Secretary General of the Arab League Amr Moussa said Tuesday that he supports the Egyptian candidate, Mostafa El-Fiqqi, as his successor over the Qatari candidate. Moussa rejected criticism of…
EU Med states under pressure from unrest migrants
NICOSIA: Five southern Mediterranean countries on Tuesday called on the European Union to do more to help them tackle intense migratory pressure from political upheaval in the region including Libya.…
Top Egypt cleric tells Iran to stay out of Arab affairs
CAIRO: Egypt's top cleric on Tuesday admonished the rulers of Libya, Syria and Yemen against spilling Muslim blood and warned Iran to stay out of Arab affairs, the official MENA…
Jennifer Egan wins fiction Pulitzer Prize
Jennifer Egan's inventive novel about the passage of time, "A Visit from the Goon Squad," won the Pulitzer Prize for fiction Monday, honored for its "big-hearted curiosity about cultural change…
Film week offers world class cinema, closer look at Turkish culture
Local interest in Turkish culture has grown steadily in recent years, prompted in large part by the popularity of dubbed Turkish soap operas such as Nour on satellite television. The…
Fact finding mission says 846 dead and 6,467 injured in Egypt’s uprising
CAIRO: The official fact-finding mission investigating the death toll of Egypt’s revolution released on Tuesday its final report, saying that at least 846 were killed and 6,467 injured during the…
Qena governor may resign following protesters
CAIRO: Qena’s new governor reportedly considered submitting his resignation on Tuesday after protests against his appointment entered their fifth day. Thousands have been protesting since Friday in the Upper Egyptian…
Hawass says replicas were used in clothing line photo shoot
CAIRO: Minister of Antiquities Zahi Hawass responded to what he referred to as “rumors” that artifacts from the King Tutankhamun Exhibition in New York City were used in a photo…