Egypt’s credit rating demoted as political uncertainty weighs
CAIRO: Fitch Ratings recently downgraded Egypt’s long-term default and currency outlook ratings…
Orascom Telecom appoints new CFO
CAIRO: Orascom Telecom Holding (OTH) appointed Khalid Ellaicy as chief financial officer,…
Saleh keeps Yemenis guessing with talk of departure
SANAA: Yemeni President Ali Abdullah Saleh suggested that he would step down…
Merkel, Sarkozy tackle differences over euro crisis
BERLIN: German Chancellor Angela Merkel was set to thrash out differences with…
Egypt says Qatar gave $500 mln to help with budget
CAIRO: Egypt's finance minster, who has been negotiating with Gulf Arab states…
Egypt ends higher on new financing talk
CAIRO: The Egyptian benchmark index ended higher, buoyed by reports that Egypt…
Bad bet costs Qatar $1 billion in gas tanker refits
LONDON/NEW YORK: Qatar made a billion dollar error when it built its…
Visa, Google partner on mobile payment adoption
CAIRO: Google was granted a worldwide license to Visa payWave, a Near…
Raya IT building data center for Egypt’s credit bureau
CAIRO: The Egyptian Credit Bureau (I-Score) has appointed Raya IT to design,…
MENA banks resilient despite Europe risk: AlembicHC
CAIRO: AlembicHC said it expected banks in the Middle East and North…