Latest Business News
Brent oil, below $115, heads for monthly fall
LONDON: Brent crude oil fell below $115 a barrel on Monday, heading…
Egypt payments balance plunges into deficit in Q1
CAIRO: Egypt's balance of payments swung into a deficit of $6.1 billion…
Egypt, Sudan meet to discuss economic cooperation
CAIRO: An Egyptian-Sudanese committee announced plans to establish an industrial zone in…
US investors to seek legal action against Egypt to resume Israel gas flow
CAIRO: US investors in the East Mediterranean Gas Co. (EMG) are seeking…
Egypt says agrees $3 bln IMF loan
CAIRO: Finance Minister Samir Radwan said on Monday that Egypt has agreed…
World Bank pledges $1.14 bln for Egypt power: minister
CAIRO: The World Bank has agreed to give Egypt up to $1.14…
Climate change to deal blow to fruits, nuts: study
WASHINGTON: Climate change is expected to alter the global industry in fruits…
Egypt says will not raise electricity prices
CAIRO: Egypt will not raise electricity prices for the fiscal year starting…
Cairo ICT sees surge in visitors this year
CAIRO: This year’s Cairo ICT saw a 36 percent increase in visitors…
HSBC MidEast sells $500 mln 5-yr Islamic bond
DUBAI: HSBC's Middle East unit priced a $500 million Islamic bond on…
