Latest Business News
Egypt’s economic woes mount
CAIRO: The success of Islamist parties in Egypt's elections could aggravate an…
Egypt to offer LE 5 bln in reopened bonds
CAIRO: Egypt's Finance Ministry will offer LE 5 billion ($830.98 million) in…
Egypt inflation rise deepens challenge for Cabinet
CAIRO: Inflation in Egypt's faltering economy accelerated in November, putting pressure on…
Egypt falls after call for austerity
CAIRO: Selling by foreigners pushed Egypt's benchmark index lower after Prime Minister…
PM tells Egyptians austerity needed to help economy
CAIRO: Egypt’s prime minister said Sunday that the economic situation was worse…
Oman stress-tests banks to limit euro crisis impact
ABU DHABI: Oman has started implementing stress tests in its banking sector…
Standard Chartered eyes Oman, Nigeria for Islamic banking
DUBAI: Standard Chartered is in discussions with regulators to offer Islamic banking…
Saudi to OK some foreign ownership of stocks: sources
DUBAI: Saudi Arabia's plans to open up its stock market will limit…
S&P reviewing ratings of 50 MENA banks on new criteria
DUBAI: Standard & Poor's (S&P) is reviewing credit ratings on 50 banks…