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1462 Articles

Provisions, lending weaken Saudi banks Q2 earnings

RIYADH: HSBC's Saudi affiliate SABB bank missed forecasts and two other banks…

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Mubadala plans Airbus parts in Q4, eyes Sikorsky deal

ABU DHABI: Abu Dhabi's Mubadala Aerospace will start making Airbus parts at…

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Egypt to rule on withdrawn cement licenses in August

  Egypt's Industrial Development Authority said it will announce early next month…

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Egypt planning $1 bln tunnel under Suez Canal

  Egypt plans to build a $1 billion tunnel under the Suez…

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Egypt to grant South Sudan $300 mln for projects

Egypt said on Sunday it will give the government of South Sudan…

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Alcotexa sells 992 T cotton in past week

  Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 992 tons…

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Egypt plans 100 MW solar power plant by 2017

  Egypt plans to build a 100 MW solar power plant between…

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Small caps lead gains; Orascom Telecom rises

  CAIRO: Egypt's main index rose but is outperformed by the secondary…

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Oil set for 5 pct weekly gain on US demand

SINGAPORE: Oil rose 0.6 percent on Friday, heading for its biggest weekly…

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Egypt pound edges to 5.70/dlr support level

CAIRO: Egypt's currency inched close to a support level of 5.70 as…

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