Latest Business News
US ripple effect small compared to Egypt’s economic woes
CAIRO: With the US hit with a downgrade due to its debt…
Ampal reports losses following disruption of gas flow to Israel
CAIRO: Ampal-American Israel Corporation reported a net loss of $9.7 million due…
Turkey, Egypt top buyers of Russian grain in July
MOSCOW: Turkey and Egypt, the top two buyers of Russian grain for…
Finance minister says no more privatizations planned
CAIRO: Egypt's finance minister said on Sunday the government would not sell…
Egypt sells LE 6 bln in T-bills, yields rise
CAIRO: Egypt's Ministry of Finance said the central bank sold LE 6…
Egypt reserves slip, analysts see slowing outflows
CAIRO: Egypt's net foreign reserves slipped to $25.71 billion in July but…
Mobile phone May subscriptions up 28 pct
CAIRO: The number of mobile phone subscriptions in Egypt rose to 74.77…
Abu Dhabi Islamic Bank gets Qatari branch approval
DUBAI: Abu Dhabi Islamic Bank has got the go-ahead from Qatar to…
AngloGold says Sudan sanctions may hurt South
JOHANNESBURG: AngloGold Ashanti , the world's third-largest gold producer, is interested in…
Turkey, Egypt top buyers of Russian grain in July
MOSCOW: Turkey and Egypt, the top two buyers of Russian grain for…