Latest Business News
Israel faces holiday palm shortage as Egypt bans export
JERUSALEM: An Egyptian decision to ban the export of closed palm fronds…
US ambassador highlights importance of economic opportunities in democratic transitions
CAIRO: In her first address to the American Chamber of Commerce last…
Suez Canal 8-month earnings up by 11.7 pct to $3.46 bln
CAIRO: Egypt's Suez Canal earned $3.458 billion in the first eight months…
Gas station owners deny responsibility for supply shortage
CAIRO: A group of 30 Cairo gas station owners demonstrated Sunday in…
Oil revival lifts Abu Dhabi 2010 nominal GDP 16 pct
ABU DHABI/DUBAI: Abu Dhabi's nominal economic output rose 15.9 percent in 2010,…
BP trying to raise Iraq oil output, not in contract talks: CEO
ABU DHABI: British oil major BP remains committed to reaching its oil…
Top global banks cut MENA research roles: sources
DUBAI: Leading global investment banks, including Credit Suisse AG , are cutting…
Ezz Steel says ruling may hit investments
CAIRO: Ezz Steel, whose shares have been battered since a court jailed…
Growth slump expected in protest-hit Arab states
DOHA: Growth rates in Arab countries are expected to slump in the…
Oil up with equities, North Sea snag supports
LONDON: Brent crude rose on Friday, boosted by gains in equity markets…