Latest Business News
Bankers see economic fallout from ‘Arab Spring’
ROME: Arab bankers painted a sobering picture of the economic results of…
Emaar Misr to begin construction on Marassi hotels
CAIRO: Emaar Misr announced the return of a group of consultants and…
Citadel’s green transport platform attracts $21 mln investment
CAIRO: The German development finance institution DEG and the European Investment Bank…
Analysis: Sporadic clashes, unclear politics slow Egypt recovery
By Reem Abdellatif and Amira Salah-Ahmed CAIRO: Sporadic clashes and outbursts of…
Egypt pound trades near six-year low after protests
CAIRO: The Egyptian pound moved within reach of a six-year low after…
Red-letter day for ailing photo pioneer?
By Ben Dobbin/ AP Innovation turned Eastman Kodak Co. into one of the…
Gulf markets eye Greek vote, Egypt seen lower
DUBAI/CAIRO: Gulf fund managers, who had adopted defensive positions ahead of the…
Ethiopia plans power exports to neighbors
ADDIS ABABA: Ethiopia plans to sell power to Sudan, Yemen, Kenya and…
Gap to open its first stores in Africa
CAIRO: Clothing retailer Gap Inc will enter Africa this year, as part…
Arabtec Egypt wins contract for Emaar project: paper
CAIRO: Arabtec Egypt for Construction has won a LE 220 million ($36.9…