An Egyptian ‘Hawi’ in South Africa
The 31st Durban International Film Festival (July 22-August 1) is currently tantalizing South African art filmgoers. Offering a rich package of 75 feature films, including the world premieres of nine…
Inaugural Durban Filmmart a resounding success for Durban
There was great excitement as the inaugural Durban FilmMart (DFM) ended, with the announcement of the winner of the Hubert Bals Fund Award in the ‘Specialist Projects’ sidebar. The award…
EGX 30 index gets a reshuffle
CAIRO: An EGX 30 index reshuffle, where eight companies will be dropped and replaced by another eight, will come into effect starting August, a statement released Wednesday said. This represents…
Languages, alliances key to IBM Egypt BPO offering
CAIRO: Egypt's language skills and good working relationships between government, business and academia make it a strategic choice for growth, an IBM executive in charge of Egyptian business process operations…
Mobinil to miss 2010 goals, scraps guidance
CAIRO: Egypt's Mobinil said it would not hit its full-year goals for subscriber numbers and revenue growth, and uncertain market and regulatory conditions would prevent it from updating its forecasts.…
‘Schmucks’ director Jay Roach specializes in farce
Jay Roach's education as a director of comedies came not in college or film school, but in self-imposed study shortly before making "Austin Powers." Having studied prelaw as an undergrad…
Heliopolis Housing 12-mth net jumps 52 pct
Heliopolis Housing net profit for the year to end-June rose 52 percent to LE 151.5 million ($26.6 million), the stock exchange said on Wednesday. Net profit for the mostly state-owned…
Centamin Egypt Q4 output lower than expected
Gold miner Centamin Egypt Ltd produced a lower than expected 30,236 ounces in the quarter to end June, but said it remains on track to produce 200,000 ounces in 2010.…
ENI announces energy venture with Egypt
Italian energy group ENI said on Wednesday it had signed an agreement with Egypt on the production and transportation of oil and gas which would raise Egypt's profile as a…
Egypt lets French wheat suppliers load at 2 ports
Egypt's main government wheat buyer said on Wednesday it would allow French wheat suppliers to use two ports in France to load cargoes, provided they cover freight costs. Nomani Nomani,…