Latest Business News
Oil prices drop on profit-taking, Japan downgrade
LONDON: World oil prices fell on Thursday as traders took profits after…
Bahrain’s Batelco still looking at Zain Saudi stake
DUBAI: Bahrain Telecommunications (Batelco) is still eyeing a stake in Zain's Saudi…
Emaar launches $500 mln sukuk at 8.5 pct, say sources
DUBAI: Emaar Properties, which built the world's tallest building, priced a $500…
Sony to release new PlayStation Portable this year
TOKYO – Sony said the successor to its PlayStation Portable machine will…
EGX 30 slides 10 percent after trading resumes
CAIRO: Trading resumed on Egypt’s stock market after a 40-minute suspension early…
Credit card usage on the rise in Egypt
The usage of credit cards has significantly increased over the past year,…
Fawry, CashU offer online shoppers more payment options
Fawry, an electronic bill payment and presentment network, and CashU, a prepaid…
NBD finds niche in Sharia-compliant car financing
CAIRO: The National Bank for Development (NBD), which specializes in Sharia-compliant products…
Egypt’s stocks, pound plunge after mass protests
CAIRO: Mass protest on Egypt’s streets have walloped the country’s stock market,…