No more superheroes: Josh Neufeld keeps it real
Comics are not synonymous with superheroes. American cartoonist Josh Neufeld presents an alternative by telling real life stories through the medium of comics. Presenting his latest work “A.D.: New Orleans…
Armless toe pianist wins ‘China’s Got Talent’
A musician who lost both arms in a childhood accident and plays the piano with his toes has won "China's Got Talent," performing his version of James Blunt's wistful love…
Finance ministers cannot solve currency dispute
WASHINGTON: Differences over currency management persisted after a weekend meeting of global finance ministers who left without resolving what to do. They did agree, however, that the 187-nation International Monetary…
Electrolux set to buy Egyptian appliance maker
STOCKHOLM/CAIRO: Sweden's Electrolux has agreed in principle to buy Egypt's Olympic Group, the biggest appliance maker in the Middle East and North Africa, in a push to capture growth in…
Algeria seeks advisers on nationalizing Orascom unit
ALGIERS: Algeria said on Monday it was seeking investment banks and consultancies to advise on a nationalisation of Djezzy, the local unit of Egyptian group Orascom Telecom and its biggest…
SODIC says contracts with government 100 pct codified
Ashraf Farid, head of operations at Six of October Development and Investment (SODIC), said that the company’s lands, which were allocated by direct order from the government, are 100 percent…
Heliopolis Housing auctions 120 land plots
Heliopolis Housing is scheduled to auction 109 land areas next Sunday located in fifth and sixth districts in Heliopolis alongside 11 land plots in Obour city, Al-Mal reported. “The firm…
Egypt Alcotexa sells 46,406 T cotton in past week
Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 46,406 tons of cotton in the week that ended on Oct. 9, an Alcotexa official told Reuters on Monday. The sales…
OT says no official notification from Algeria on Djezzy
On Sunday, Orascom Telecom said it has not received any official notification from Algeria that it it's local unit Djezzy should pay Algeria's central bank $193 million, in a note…
Egypt year-on-year core inflation to Sept 10.97 pct
Egypt's core annual inflation surged to 10.97 percent in the year to September from 8.2 percent in August, the central bank said on its website on Sunday. Four analysts polled…