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1462 Articles

Kuwait not exiting BP, mulling China bank IPO, says report

KUWAIT: Kuwait's sovereign fund is not considering exiting its investment in BP…

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Blue chips drag Egypt to two-week low

CAIRO: Egypt's benchmark index fell 2.3 percent, dragged lower by blue chips…

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Algeria says can't give timetable on Djezzy dispute

Algeria's government cannot give a timetable for resolving a dispute over Orascom…

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New Egypt exchange to help fund small-caps

CAIRO: Egypt launched an exchange offering cash-starved smaller firms a new a…

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Zain's Jordan subsidiary gets $70.5 mln loan

AMMAN: Kuwait-listed mobile operator Zain's Jordanian arm secured a $70 million loan…

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Oil pares gains, hovers above $73 ahead of EIA data

LONDON: Oil prices pared early gains of nearly 2 percent on Thursday…

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HSBC names new global banking head for Mideast

HSBC said it had appointed a new head of its global banking…

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Fire destroys Egypt's Lecico warehouse

An export warehouse belonging to Egyptian sanitaryware and ceramics maker Lecico has…

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Egypt index inches up, Europe worries loom

Egypt's benchmark index rose 1.4 percent, cooling down after heavyweight Orascom Telecom…

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OT says MTN offered $7.8 bln for Algeria unit, eyes Syria

BEIRUT: South Africa's MTN has offered to pay $7.8 billion for Orascom…

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