Latest Business News
BofA hires EFG Hermes’ Gulf head to run MENA: sources
DUBAI: Bank of America Merrill Lynch has poached the top executive at…
Egypt gains for sixth session straight
CAIRO: Egypt's main index closed 1.3 percent higher, notching up its biggest…
Nasr City Q3 profit plunges 76 pct
CAIRO: Egyptian property developer Nasr City Housing posted a 76 percent net…
Egypt steel magnate Ezz quits Dekheila’s board
CAIRO: Egyptian steel magnate Ahmed Ezz, a top official in ousted president…
Sawiris to step down as Orascom Telecom chairman
CAIRO: Egyptian mobile operator Orascom Telecom's CEO will take over from Naguib…
Saudi bourse in talks to join MSCI index: official
DUBAI: Saudi Arabia's stock exchange is in talks with several index providers,…
Iraq to bring banks to the masses – by mobile
BAGHDAD: Just a fifth of Iraqis have bank accounts, but 70 percent…
Dubai and Egyptian stock markets eye cooperation
DUBAI: Dubai's main stock market is working with the Egyptian Exchange to…
Egypt’s CPG market sees decline, report says
CAIRO: Egypt’s Consumer Packaged Goods (CPG) market saw a decline of 10.5…
Oil up more than $1 on European growth, dollar fall
LONDON: Oil rose more than $1 on Friday, taking benchmark US crude…