UAE Crescent, Russia Rosneft team up for energy JVs
DUBAI: The UAE's Crescent Petroleum has teamed up with Russia's state-run oil…
Dubai Nakheel optimistic on final creditor deal
DUBAI: Dubai World property unit Nakheel on Tuesday said it remains "optimistic"…
Head of Egypt's mint resigns after cash is stolen
CAIRO: The head of Egypt's mint resigned after the central bank discovered…
Sinai Cement posts Q1 net profit of $27.7 mln
CAIRO: Egypt's Sinai Cement posted consolidated net profit of LE 156 million…
Egypt 7-day deposits average yield steady at 8.279 pct
CAIRO: The weighted average yield at a 7-day deposit auction was 8.279…
Egypt index gains on CIB strength
CAIRO: Egypt's main index, EGX30, still tied to international markets, endED 1.8…
Sewedy Cables to sign contract with Mozambique
CAIRO: Egypt's El Sewedy Cables will sign a contract by end May…
Algeria warns Orascom Telecom over sale talks
SIDI ABDALLAH, Algeria: The Algerian government said on Monday Egyptian Orascom Telecom…
Kuwait's Agility Q1 net drops 52 pct, shares fall
KUWAIT: Net profit at Agility more than halved in the first quarter…
GE Capital plans another benchmark Islamic bond-exec
DUBAI: GE Capital, a unit of General Electric Co., plans to issue…