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1462 Articles

Japan buys Saudi crude from Showa Shell, say sources

TOKYO: State-run Japan Oil, Gas and Metals National Corp (JOGMEC) bought Saudi…

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Unrated Gulf companies may issue new debt, says Moody’s

DUBAI: Unrated companies in the Gulf Arab region have $67 billion in…

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Nasr City full-year net profit down 25 pct

Egyptian developer Nasr City Housing posted a 25 percent fall in full-year…

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High Admin court rejects appeals in TMG Madinaty case

CAIRO: Egypt's High Administrative Court on Tuesday rejected two appeals against a…

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SBI, Invest AD launch $100 mln frontier Africa fund

JOHANNESBURG: Abu Dhabi financial services firm Invest AD and Japan's SBI Holdings…

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Centamin cuts 2010 output target by 15-20 pct

Miner Centamin Egypt said it cut its gold output guidance for 2010…

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Arab Cotton Ginning 2009/10 profit jumps

Egyptian textiles company Arab Cotton Ginning posted net profit of LE 205…

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Vimpelcom mulls issuing pref shares for Sawiris deal

Vimpelcom may issue new preferred shares to public investors as well as…

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Egypt FDI slips 16 pct as oil investment dips

Foreign direct investment in Egypt fell 16 percent for the fiscal year…

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Egypt transport chiefs to seek French investment: agency

CAIRO: Egyptian transport officials including the transport minister will visit France next…

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