Latest Business News
Africa in 2010: World Cup highlights a year of progress
LAGOS: Africa showed its potential in 2010 with a successful World Cup…
Kuwait cbank denies Islamic banks’ liquidity request, says paper
DUBAI: Kuwait's central bank denied a request by Islamic lenders to grant…
Iraq oil output above 2.6 million bpd, says minister
BAGHDAD: Iraq's oil production currently exceeds 2.6 million barrels per day, the…
Al Borg Laboratories delists from the Egyptian Stock Exchange in a public to private transaction
Al Borg Laboratories, the Middle East’s largest medical testing group, announced that…
Egypt 273-day T-bills avg yield rises to 10.661 pct
The average yield on Egyptian 273-day treasury bills inched up to 10.661…
Egypt stimulus plan worth up to $3.4 bln: finance minister
CAIRO: Egypt has adopted a stimulus plan with the aim of injecting…
Further delays in Weather Investments, VimpelCom deal
CAIRO: Finalization of the $6.6 million agreement between Weather Investments and VimpelCom…
World Bank announces collaboration with Arab league to boost human development, infrastructure, SMEs
CAIRO: Mahmoud Mohieldin, the former Minister of Investment and current managing director…
Islamic Finance in Gulf Needs Regulation Boost
DUBAI: From Australia to South Africa, governments are scrambling to change the…