Hollywood stars to walk Cairo film festival's red carpet

Cairo International Film FestivalCairo - Journalists who received the press kit for the Cairo International Film Festival (CIFF), which kicks off on Tuesday, were amazed at the number of stars expected to be in the Egyptian capital for this year's event.

The kit includes the biographies of Goldie Hawn, Susan Sarandon, Priscilla Presley and Kurt Russell from the United States, Britain's Julia Ormond, Spain's Angela Molina and South African-born Charlize Theron.

Ormond plans to hold a press conference one day before the festival starts.

Court hearing on Egyptian business tycoon adjourned

Egypt MapCairo - Egypt's criminal court postponed on Saturday a hearing on the murder charges against business tycoon and lawmaker Hisham Talaat Moustafa to Sunday to hear witnesses.

According to press reports, the court is to question around 12 witnesses on Sunday.

Moustafa is accused of the murder of Lebanese singer Suzane Tamim.

A former chairman of Egypt's largest publicly traded real estate company and a member of the Shura Council, the upper house of parliament, Moustafa was arrested on September 2 and charged with contracting for the killing.

Good corporate governance: A challenge for East and West

Cairo - Although he rejects the idea that good corporate governance would have decreased the effect of the global financial crisis, Martin Steindl, of the International Finance Corporation (IFC), believes that better corporate governance would have saved some companies from being part of the crisis.

"Such a crisis affects everyone, but when it comes to getting up again, better corporate governance will play a role," says Steindl, who is Programme Manager in Corporate Governance Advisory Services for the Middle East and North Africa (MENA) region, at the IFC. The IFC is part of the World Bank group.

Egypt discovers new pyramid in Saqqara

Egypt discovers new pyramid in SaqqaraCairo - A previously unknown pyramid estimated to be 4,300 years old was discovered in Egypt's desert, Egypt's Secretary General of Antiques Zahi Hawass said on Tuesday.

The pyramid, five metres high with a square base of 22 metres on each side, is believed to belong to Queen Seshseshet, mother of King Teti, the first king of ancient Egypt's Sixth Dynasty, Hawass said.

Teti came to power in 2323 BC.

The pyramid is the 118th discovered in Egypt and originally was 14 metres tall, Hawass said at a press conference.

Head of central security forces in Sinai kidnapped: Al-Jazeera

Egypt MapCairo - The chief of Egypt's central security forces in the Sinai was kidnapped on Tuesda

Egypt discovers new pyramid in Saqqara

Egypt MapCairo - A previously unknown pyramid estimated to be 4,300 years old was discovered in Egy