Latest Business News
OPEC sticks to 2013 oil demand projection
The Organisation of Petroleum Exporting Countries forecast total average oil demand of…
YouTube launches paid channels, in TV challenge
The move puts Google into direct competition with services such as Netflix,…
Egypt and South Korea sign agreement on nuclear power programme
Egypt and South Korea will cooperate in the field of nuclear power…
Japan automakers step on profit accelerator
The Camry and Corolla maker, which last year overtook General Motors to…
G7 states meet in UK as US presses Europe on austerity
The G7 nations, which together produce about half of the world's economic…
IMF says Egypt loan talks ‘must reflect evolving conditions’
Fund spokesman said that no new IMF mission to Egypt has been…
Microsoft eyes full control of Nook: report
The report said Microsoft was preparing to pay $1 billion to buy…
Sukuk law approved, government to hold two bidding rounds for projects
Now that the law has been approved, the government is set to…
Nokia debuts $99 smartphone in emerging market struggle
The new phone "raises the bar for what is possible in affordable…
Standard and Poor’s downgrades Egypt credit rating
Egypt's long-term rating was lowered to 'CCC+' from 'B-', while its short-term…