Standard and Poor’s downgrades Egypt’s rating
PARIS: Standard and Poor's downgraded Egypt's rating on Tuesday to BB-, citing…
Protesting Telecom Egypt workers deny rumors they will cut-off communications
CAIRO: Workers and employees in Telecom Egypt corporate (TE) denied Tuesday any…
Arab Spring disrupts energy investment, says IEA
PARIS: The Arab Spring has disrupted investment plans in oil and gas…
Gold drops as macro worries favor dollar
LONDON: Gold was set for its largest one-day fall in two weeks…
Egypt’s FIHC buys 12,000 T soy oil, cancels sun oil-trade
CAIRO: Egypt's state-owned Food Industries Holding Company bought 12,000 tons of soybean…
Algeria sticks to Djezzy plan after Vimpelcom visit
ALGIERS: Algeria is sticking to its plan to nationalize Orascom Telecom's local…
Saudi’s Savola buys two Egyptian companies
JEDDAH: Saudi Arabia's Savola Group has signed an agreement to buy a…
Egypt cbank to offer LE 7 bln in repos
CAIRO: Egypt's central bank said it will ask for LE 7 billion…
Telecom Egypt employees say to continue strike
CAIRO: Employees of Telecom Egypt (TE) protested Monday outside the company’s headquarters…
Gold motors to three-week high
LONDON: Gold climbed to a three-week high on Monday, boosted by fresh…