Mobinil may raise funds via bond or loan
Mobinil, which leads the Egyptian mobile market by subscriber numbers, said on Tuesday it could raise funds to finance expansion via a loan or bonds. Al-Mal newspaper reported on Sunday…
Egypt sales firm loses suit against Mitsubishi
Japan's Mitsubishi Motors Corp said on Wednesday a lawsuit brought against it by an Egyptian sales firm seeking damages of $900 million had been dismissed by an Egyptian court. In…
Pioneers picks NY Mellon to launch GDRs in London
Egyptian financial services company Pioneers Holding plans to list global depository receipts (GDRs) in London and Bank of New York Mellon Corp will be the depositary bank. "We decided to…
Emir of Qatar welcomed to Britain with state banquet
WINDSOR: Queen Elizabeth II hosted a lavish state banquet to welcome the emir of Qatar to Britain, as her husband showed off his charming side to the Gulf ruler's wife.…
Bin Laden says Niger kidnapping warning to France
DUBAI: Al-Qaeda leader Osama bin Laden warned France in a recording aired by Al-Jazeera television on Wednesday that its security would be compromised if it does not pull its troops…
Women in Beirut clinic clash with UN Hariri probe team
BEIRUT: A group of women charged at investigators from a UN probe into the murder of ex-premier Rafiq Hariri at a Beirut gynecology clinic Wednesday, snatching a briefcase but causing…
Doha film festival opens with controversial French film
With an action-thriller that aroused anger in France upon its release, Qatar opened on Tuesday the second edition of The Doha Tribeca Film Festival. The gas-rich Gulf emirate drew back…
Audiobook of ‘Catcher’ made for library service
Push the play button and hear the famous teenager's lament. It is recited in a sly, middle-aged twang, like an adult reading in a grade school classroom, one about to…
Indonesian tsunami kills 154, help on the way
PADANG: Planes and helicopters packed with rescue workers and supplies landed for the first time Wednesday on remote Indonesian islands that were pounded by a 10-foot (three-meter) tsunami, sweeping away…
Millions suffer ‘inhuman’ treatment in prison: UN expert
UNITED NATIONS: Torture remains prevalent around the world and millions of jail inmates suffer inhuman treatment, a UN specialist said Tuesday. Manfred Novak, UN special rapporteur on torture, said he…