AfDB invests $1 bln in African energy projects
The African Development Bank (AfDB) Group approved over $1 billion in energy…
Etisalat Egypt unit says it secures $1.2 bln loan
The Egyptian unit of UAE-based Etisalat signed a LE 7.2 billion ($1.24…
Egypt’s economy to grow steadily over next 2 years
CAIRO: Egypt's economy will grow steadily over the next two years thanks…
Abraaj Capital’s ASAS fund makes first acquisition
CAIRO: Abraaj Capital said Monday that its real estate fund, ASAS, acquired…
IDSC launches online commodities index
CAIRO: Egypt’s Information and Decision Support Center (IDSC) launched this week an…
Fears grow of euro-style debt crisis in US states
WASHINGTON: No sooner has the last crisis ended, than warnings about the…
Dubai World arm cuts stake in Australia for $1.5 billion
DUBAI: DP World, the port management arm of indebted state conglomerate Dubai…
Costs of pharmaceutical drugs lowered, says health minister
CAIRO: The prices of 132 pharmaceutical drugs have been reduced by 10–60…
Egyptian pound falls to five-year low against dollar
CAIRO: The Egyptian pound fell to a five-year low against the greenback,…
Vimpelcom seeking new terms for Orascom, Wind deal
MOSCOW/CAIRO: Vimpelcom wants to renegotiate a $6.6 billion bid for control of…