The battle of the bonds
By Robert Skidelsky LONDON: Everyone knows that Greece will default on its external debt. The only question concerns the best way to arrange it so that no one really understands that…
A platform emerges for British Muslim writers
LONDON: British Muslims are hungry for the opportunity to write and to be published. But do Muslims need nurturing to do so? Is there anything stopping Muslim writers from voicing…
Comic-Con kicks off with fans, flicks, costumes
Calling all superheroes, zombies, space aliens, comic-book lovers and kids of all ages: Comic-Con is here. The pop-culture convention, which annually draws thousands of costumed fans to San Diego, begins…
‘No Country’ star calls for global actors rights
GENEVA: In the 2008-film "No Country for Old Men" Javier Bardem's hitman character mercilessly collected unpaid debts with a deadly bolt gun. When it comes to movie pirates, the 42-year-old…
Jan 25 Revolution takes center stage at Sawy’s documentary fest
Underground film took on a whole new meaning at Sawy Culture Wheel’s 7th annual Documentary Film Festival which concluded on Wednesday. In a shabby screening room under the 26th of…
Stock market, banks to close on July 24
CAIRO: Egypt's stock exchange and banks will be closed on Sunday, July 24, for the national public holiday of "Revolution Day", which marks Egypt's 1952 revolution, the central bank and…
Egypt’s Eastern FY profit falls 26 pct to $105 mln
CAIRO: Egypt's Eastern Company posted a net profit of LE 631 million ($105.9 million) for the full year to the end of June, down 26 percent from a year earlier,…
Egypt sells LE 5 bln in T-bills, as planned
CAIRO: Egypt's Ministry of Finance said the central bank sold LE 5 billion ($838.5 million) in domestic treasury bills on Thursday, the same amount it had offered. The central bank…
Fawry service outlets facilitate bill payments via MasterCard
CAIRO: MasterCard WorldWide, in partnership with Egyptian electronic payment network Fawry, announced Wednesday the launch of a new service allowing its customers to pay various types of bills with their…
MENA countries lead Sharia-compliant Takaful growth
CAIRO: Takaful, Ernst & Young’s Sharia-compliant cooperative insurance program is expected to grow globally reaching $25 billion by 2015, the company said on Thursday. The company’s experts said…
