A lukewarm end to the Modern Dance festival
After three consecutive weeks of impressive, feast-for-the-eye performances, the eighth International Festival for Dance Theater ended with a string of disappointing performances that started with a bang and rapidly faded…
Cairo-Tashkent first direct airline starts Tuesday
CAIRO: The first direct and regular airline linking the Egyptian and Uzbek capitals will start operation next Tuesday, announced Atta Bek Merza Mohamedov, deputy director of the Uzbek national carrier…
Orascom shares buoy Egypt stock indexes
CAIRO: Major Egyptian shares rose on Thursday, lifted by a rebound in global equities and the heavy-weighted Orascom Telecom as the market digested news it was buying a majority stake…
Egypt median o/n interbank edges down to 8.76 pct
The median overnight interbank rate on Egypt s pound dropped marginally at 8.76 percent on Thursday from 8.766 percent on Wednesday in a liquid market with the absence of certificates…
Sharm Dreams offers 6.4 mln shares for subscription
CAIRO: Egyptian hotel company Sharm Dreams for Tourism Investment said on Thursday it will offer 6.4 million shares for subscription in late August. Amr Helmi, director of investor relations for…
Ghabbour private placement 7 times oversubscribed
CAIRO: A private placement of shares in Egyptian auto company Ghabbour Auto has been seven times oversubscribed two working days before it closes, a stock exchange statement said on Thursday.…
CIA "kidnap" victim eyes political career in Egypt
CAIRO: An Egyptian cleric who says he was kidnapped by the CIA in Italy and flown to Egypt for interrogation is considering a political career in his home country thanks…
Fatah and Hamas fight it out on the virtual battleground
CAIRO: Away the streets of Gaza, the infighting between Hamas and Fatah has moved to a new battleground - that of the internet. Aside from the conventional electronic warfare on…
Nine killed in Israel raids on Gaza
GAZA CITY: Nine Palestinians were killed on Wednesday as Israel launched twin offensives in the Gaza Strip, triggering the deadliest violence since Hamas fighters overran the territory 12 days ago.…
