Latest Business News
New EU bank could quadruple N. Africa, Middle East aid
European financing for North Africa and the Middle East could rise four-fold…
Abraaj Capital says investments may be on hold in short run
Regional private equity group Abraaj Capital says that none of its assets…
Public sector banks face remuneration dilemma
Public banks came under the spotlight these past two weeks as…
EU bank calls for more Egypt, Tunisia funds
BRUSSELS: The European Investment Bank is calling on the EU to allow…
Oil, gold, grains up as investors fret over Libya
SINGAPORE: Oil, gold and grains surged on Tuesday as investors worried that…
Trade ministry announces policies to ensure availability of sugar, wheat
CAIRO: The Central Bank of Egypt approved a Ministry of Trade request…
Egypt plans stimulus package after blow to growth
CAIRO: Egypt is planning a stimulus package after its economy was badly…
Egypt to keep stock market closed until next week
CAIRO: The Egyptian stock exchange, closed since Jan. 27 because of political…
Western arms makers eye lucrative Mideast market
ABU DHABI: Western arms makers, squeezed by budget cuts at home, jostled…
Egypt mobile phone ownership up 25 pct in year to Nov
CAIRO: The number of Egyptians with mobile telephones grew to 66.87 million…