Latest Business News
Hedge funds wary of punts on North African chaos
LONDON: Hedge funds are so far shying away from the political turmoil…
ING IM sees opportunity in Middle East turmoil
LONDON: ING Investment Management is mulling a boost to Middle East and…
Mideast faces higher debt costs but won’t default
LONDON: With no end in sight to political unrest in the Middle…
Xceed CEO: Egypt’s outsourcing appeal to return once confidence restored
CAIRO: While operations never shut down for the call centers of Xceed,…
UN hails Egyptian, Tunisian moves to restore tourism
MADRID: The UN World Tourism Organization welcomed Thursday moves by Egypt and…
Suez Cement 2010 profit falls 4.9 percent
CAIRO: Egypt's Suez Cement posted a 4.9 percent decline in 2010 net…
CIB says net profit climbs 15 pct in 2010
CAIRO: Commercial International Bank (CIB), Egypt's biggest private bank, said on Wednesday…
Vimpelcom CEO hopeful on Sawiris deal, Algeria
MOSCOW: Vimpelcom sees a high chance that its deal to buy the…
Goldman says fears severe oil market shortages
LONDON: Goldman Sachs said on Thursday oil markets were driven by fears…
Egypt refers Palm Hills chairman to court
CAIRO: Egypt's public prosecutor referred on Thursday the chairman and chief executive…