Islamic derivatives struggle for traction in Gulf
DUBAI: Islamic derivatives are still struggling to gain traction in the Gulf,…
Egypt cbank holds rates despite inflation uptick
Egypt's central bank left its key overnight interest rates unchanged on Thursday…
Saudi firms buy 625,000 tons barley: trade
A group of leading Saudi importers has purchased 360,000 tons of optional…
HC Research cuts Ezz Steel price target by 11 pct
CAIRO: HC Research cut Egypt's Ezz Steel's share-price target by 11 percent,…
Sawiris says made bid for Wind Hellas
Egyptian telecoms tycoon Naguib Sawiris, owner of Weather Investments, said on Thursday…
FTSE Group adds UAE as “secondary” emerging market
DUBAI: FTSE Group added the United Arab Emirates as a "secondary" emerging…
Egypt PM to form committee to protect TMG investors
CAIRO: Egypt's Prime Minister is forming a committee to preserve the rights…
GB Auto to pay LE 3.09 dividend
GB Auto, Egypt's biggest listed automobile assembler, will pay a LE 3.09…
Transocean rig leaving Gulf of Mexico for Egypt
Another Transocean Ltd rig is leaving the deepwater Gulf of Mexico, still…
Egypt pound trades at weakest in 3-1/2 years
The Egyptian pound reached 5.7062 to the dollar, its weakest since January…