OIC members vow to donate $350 million to Somalia
ISTANBUL: Members of the Organization of Islamic Cooperation, at an emergency meeting…
Melrose cuts FY production outlook; eyeing asset buys
BANGALORE: Melrose Resources cut its full-year production forecast for the second time…
Mideast economy hoping for Ramadan rebound
DUBAI: Businesses in the Middle East are betting that Ramadan, the high-grossing…
Nomura cuts price target on Telecom
CAIRO: Nomura cut its price target on landline monopoly Telecom Egypt Co…
OCI wins power station deal worth $181 mln
CAIRO: Egypt's Orascom Construction (OCI) was awarded a project worth $181 million…
Actis acquires Jordan card company for $87 mln
CAIRO: Actis, a pan-merging markets private equity investor, said Tuesday that their…
Mobinil shareholder Sawiris says no stake sale plan
CAIRO: Egyptian telecoms magnate Naguib Sawiris said on Wednesday he had…
Google acquires Motorola Mobility for $12.5 bln
CAIRO: Google is entering the mobile computing competition and increasing its patent…
Egypt’s new gas source to begin production in November
CAIRO: A recently discovered gas source in Egypt’s Western Sahara desert could…
Hollywood film giant links with China distributor
Relativity Media, the production company behind "The Social Network," has teamed up…