Dow Jones launches Egyptian index
CAIRO: A new blue-chip index for top-performing Egyptian stocks has been established by Dow Jones Indexes. The creator of the renowned Dow Jones Industrial Average unveiled its latest index yesterday.…
Hijab double standards too often strikes home
CAIRO: Every now and then news comes along that a government outside the Middle East decides to ban the hijab (Islamic veil) in some form or another. Protesting such decisions…
Love, war and redemption in the European Film Caravan
CAIRO: Film festivals have become a haven for us, the film fans, from the mediocre commercial films shown for the most part throughout the year on Egypt s big screens.…
New cement plant to be built in Aswan
CAIRO: The Egyptian General Authority for Industrial Development (GAID) has approved a proposal by Qena Cement Company to build a new cement plant in Aswan with an investment worth LE…
Iraq says no to Cairo following Mubarak's comments
BAGHDAD: Iraq has decided not to participate in a meeting of Arab foreign ministers in Cairo because of comments by the Egyptian president questioning the loyalty of Shiites, Prime Minister…
UAE court cancels flogging sentence for Estonian soldier for alleged attempt to rape Egyptian woman
TALLINN: A court in the United Arab Emirates (UAE) has cancelled a sentence of 80 lashes handed down to an Estonian soldier and has decided that he is to a…
Administration scolds Mubarak, says Iraq is not in a civil war
WASHINGTON: The Bush administration rejected Monday assertions by President Hosni Mubarak, a close Arab ally; Iraq is descending into civil war. That s not our assessment, State Department spokesman Sean…
Piraeus Bank dismisses rights issue report
ATHENS: Piraeus Bank, Greece s fifth largest lender, on Tuesday dismissed a press report that it is planning a large rights issue to fund the acquisition of banks in Egypt…
Leading Italian designers consider producing in Egypt
CAIRO: Executives of the four prominent Italian fashion houses Valentino, Marzotto, Ferragamo and Ermenegildo Zegna, visited Egypt yesterday to investigate the possibility of manufacturing their brands with local producers.A cautious…
Twelfth case of bird flu in humans reported
CAIRO: Egypt has found its 12th case of human bird flu, Health and Population Minister Hatem El-Gabaly said in comments published late on Monday. The latest case was an 18-year-old…
