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1462 Articles

Oil prices hover below $77 after US inventory rise

LONDON: Oil prices edged down to hover below $77 a barrel on…

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OCI leads Egypt's index, Juhayna recoups

Builder and fertilizer-maker Orascom Construction Industries (OCI) rose 1.3 percent, pushing Egypt's…

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Egypt to restore free zone status to refineries

Egypt's parliament has agreed to restore free zone status to oil refineries,…

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Egypt regulator plans assurance, fund rules

CAIRO: Egypt's market regulator aims to expand a limited assurance market by…

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China wealth fund to visit Egypt, says Mohieldin

CAIRO: The chairman of China's sovereign wealth fund, which manages $300 billion,…

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Mideast M&A drops in Q1, Egypt active: E&Y

Mergers and acquisitions values in the Middle East and North Africa fell…

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HDB first quarter profit tumbles

Egypt's Housing and Development Bank's (HDB) first quarter net profit tumbled 45…

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Piraeus Bank Egypt raising capital by 35 mln euro

Piraeus Bank Egypt is to increase its capital by €35 million ($43…

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Orascom Tel down, investors seek deal news

Shares in Orascom Telecom (OT) ended down 4.4 percent, dumped by investors…

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Oil above $75; Asian demand offsets Greece downgrade

SINGAPORE: Oil held steady above $75 on Tuesday as prospects for rising…

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