Egypt awards steel licenses to four firms: papers
Four companies won licenses for steel plants in Egypt, local papers reported…
Egypt closes at seven-month high
Egypt's benchmark index ends the session on a seven-month high after a…
Egypt GASC buys 180,000 T US, Argentine soft wheat
Egypt, the world's largest wheat importer, has bought 180,000 tons of soft…
APICORP redirects investments into oil and gas sectors in MENA region
The Arab Petroleum Investments Corporation (APICORP), a multilateral development bank owned by…
Local banking sector looks to build on 2010’s momentum
CAIRO: Analysts are largely unanimous in their assessment that 2010 was solid…
Fuel consumption falls in Iran after subsidy cut
TEHRAN: Fuel consumption has fallen by a fifth since the government began…
Mideast banks, funds seek to tap women’s wealth
DUBAI: Emirati housewife Sarah Alzarouni brushed past a group of women clad…
UAE passes law paving way for sovereign bond issue
ABU DHABI: The United Arab Emirate's top advisory council passed a new…
Egypt index breaks 7,000 points; Orascoms up
Blue-chips including Orascom Construction lead Egypt's main index to its highest close…
Arab Banking Corp buys stake in MeditBank
Libya-based Mediterranean Bank said on Tuesday it had sold a 49 percent…