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02 September 2024

Prime numbers

Hisham Talaat Moustafa (SUPPLIED)

Published
By Rachel McArthur

15%

The verdict is in

This week has been dominated by the news that Egyptian real estate tycoon Hisham Talaat Moustafa was on Thursday sentenced to death by a Cairo court for the murder of Lebanese singer Suzanne Tamim. After the announcement, the shares of the Talaat Moustafa Group, Egypt's biggest real estate company, closed 14.5 per cent lower in Cairo, reflecting market sentiment.

205k

Begging for bailout

US music magazine Paste, which distributes an average of 205,000 copies per month, is asking its readers to donate money to the publication so that it avoids going under and closing down this year.

$600k

Generous brothers

Brad Pitt and his brother Doug have donated $600,000 (Dh2.2m) to Drury University's family event centre for it to become Gold Leed (Leadership in Environmental Energy and Design)-certified.

$5m

Case is closed

American Apparel has settled Woody Allen's lawsuit over the company's use of the filmmaker's image in advertising for $5m (Dh18.4m). Allen sued the clothing company more than a year ago.

$152m

Fails to crack code

Angels & Demons, the new movie based on Dan Brown's popular novel, racked up $152 million (Dh558m) in global ticket sales over the last weekend, but failed to match the start of its predecessor, The Da Vinci Code.

 

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