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1462 Articles

Orascom Tel helps boost Egypt index

CAIRO: Egypt's main index inched up, helped by Orascom Telecom, which has…

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Oil eases further below $79, awaits US numbers

LONDON: Oil fell moderately on Monday as Tropical Storm Bonnie faded over…

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Suez Canal revenue, traffic up; upgrade helps

ISMAILIA: Egypt has deepened its strategic Suez Canal to ensure the biggest…

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Dubai bank Emirates NBD Q2 misses forecasts

Dubai: Emirates NBD, one of the Gulf banks most exposed to indebted…

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India’s DLF to buy out Dubai World unit in JV, says paper

MUMBAI: Indian real estate firm DLF is buying out the stake held…

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Kuwait’s IIG defaults on $152.5 mln bond payment

DUBAI: Kuwait's International Investment Group (IIG) said it was unable to make…

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More gas for Egypt after BP, RWE deal

CAIRO: A groundbreaking $9 billion agreement signed by Egypt this week should…

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Vodafone Egypt nears market leader by subscribers

The Egyptian unit of Vodafone may have overtaken Mobinil last quarter as…

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Foreigners, institutions lift Egypt up

CAIRO: Egypt's main index ended up 1.4 percent, boosted by a decent…

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Kuwait Islamic lender KFH’s Q2 net up 22 pct

KUWAIT: Kuwait Finance House (KFH), the country's biggest Islamic lender, reported on…

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