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Major Egyptian investment firm Qalaa Holdings is drawing strong interest from Gulf and other foreign investors in a string of non-core assets that it is offering for sale, the firm's managing director said. Qalaa raised $100 million by selling...
French film "Dheepan" won the top Palme d'Or prize for director Jacques Audiard at the 68th Cannes International Film Festival on Sunday, crowning a good night for French cinema which took two other awards. The film tells the story of...
As a virulent avian influenza outbreak continues to spread across the Midwestern United States, some egg-dependent companies are contemplating drastic steps - importing eggs from overseas or looking to egg alternatives.   A spokeswoman for...
 Shares in Dubai builder Arabtec drop 3.3 percent to 2.33 dirhams. Egyptian newspaper Al Mal has reported, citing anonymous source, that Arabtec's deal to build 1 million housing units in Egypt has fallen through. But neither Egyptian...
The people of Ireland backed same-sex marriage by a landslide in a referendum that marked a dramatic social shift in a traditionally Catholic country that only decriminalized homosexuality two decades ago.   After one of the largest turnouts in...
A group of international women activists crossed the heavily-fortified Demilitarized Zone (DMZ) between North and South Korea on Sunday in what they said was a symbolic act for peace.   North and South Korea are still technically at war after...
Sweden's Mans Zelmerlow won the final of the Eurovision Song Contest in Vienna on Sunday, beating Russia and Italy in the world's biggest international music show.   The 28-year-old singer and TV presenter, who had been a bookmakers...
An Italian nun, who tended the sick and wounded in World War One in east Africa and died in 1930 in Kenya, was beatified on Saturday, taking the final step before sainthood at the first ceremony of its kind in the African nation.   To grant...
A large sculpture entitled "Coloring Book" by American artist Jeff Koons sold for 12 million euros (US$13.2 million) at a star-studded charity auction near Cannes that raised more than 33 million euros for AIDS research.   Sienna...
With less than a year to go in her presidency, Cristina Fernandez has sought her place in Argentina's cultural history, unveiling Latin America's largest arts complex, housed in Buenos Aires's historic former Post and Telegraph Palace....