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An empty soapbox

I was all set to leap on my own soapbox. But as I was thinking of how I would heap my arrogant scorn on the heads of those I deem beneath contempt, my plans abruptly changed during my ride to work.

Adel Heine

New in the movies this weekend

Resident Evil: Retribution It would not be our movie preview if we did not get to talk about a sequel. This week’s star is the fifth installment of the Resident Evil series, where viruses turn people into flesh-eating mutants, or something of that ilk. Loosely based on a videogame of yore, a black spandex clad …

Adel Heine

The walls will not be silent

In a sweeping effort to clean up Tahrir and the surrounding area, scores of little men with paint brushes covered the iconic revolutionary graffiti with a thick layer of creamy paint. Effectively creating a huge blank canvas for the spray-painting artists. It took only a few hours before the first new artwork appeared and all …

Adel Heine

Shahira Amin

The volcano erupts

The outpouring of rage in Islamic countries isn’t just about a low-budget film insulting the prophet Muhammad. It is the eruption of a volcano that has been simmering for the past eleven years

Shahira Amin

Egypt cellular carriers condemn new tax-per-minute proposition

By Hend El-Behary A wave of condemnation from Egypt’s main cellular carriers Mobinil, Vodafone and Etislat followed Finance Minister Momtaz El-Saeed’s unexpected suggestion to impose per minute taxes on mobile phone calls last Monday. El-Saeed declared the ministry is studying the feasibility of a one piastre per minute fee on every mobile phone call as a …

Daily News Egypt

Turkey keen on investing in Egyptian electricity sector

Several Turkish companies expressed interested in investing in Egypt’s electricity sector, Turkish Ambassador to Egypt, Huseyin Avni Botsali, said according to MENA. Bostali led the talks of the Turkish business delegation in a meeting with the Egyptian Minister of Electricity Mahmoud Balbaa. The meeting focused on the implementation of the memorandum of understanding signed between …

Islam Serour

New holding company for mining industries approved

Minister of Industry and Foreign Trade Hatem Saleh approved the establishment of a mining holding company at the opening ceremony of the National Vision for Mining Wealth Conference held Tuesday. According to government officials, the move toward establishing a holding company for mining is proposed to boost investment in Egypt’s mining sector and expand mining …

Islam Serour

Bite Me Cairo: Trio (Part I) – The Chef

If you’ve seen the film Food, Inc. (2008)—and if you haven’t, you should—you’ll know that industrial farming is ruining the food chain. The health and welfare of the planet, unchecked by government regulations, is being held hostage to corporate greed. It’s up to us to stop it. Not through petitions or demonstrations, rather, we should …

David Blanks

SODIC: no litigation against us

The Sixth of October for Development and Investment Company (SODIC), Egypt’s third largest real estate developer, reported to the Egyptian Stock Exchange that no lawsuits were filed against them by the Lebanese multinational real estate developer Solidere. According to AhramOnline’s report on Tuesday; Beltone, a Cairo-based investment bank, stated that Solidere announced Sunday its plans …

Islam Serour

New floating-rate notes see significant success

By Hend El-Behary The Ministry of Finance has received offers equating to EGP 2.5 billion for the first Floating-Rate Note (FRN) ever issued in Egypt. The move comes in the context of the ministry’s strategy to diversify public debt instruments, according the ministry’s press release. FRN are bonds with a variable interest rate. The adjustments …

Daily News Egypt