Latest Business News
Sawiris to step down as Orascom Telecom chairman
CAIRO: Egyptian mobile operator Orascom Telecom's CEO will take over from Naguib…
Saudi bourse in talks to join MSCI index: official
DUBAI: Saudi Arabia's stock exchange is in talks with several index providers,…
Iraq to bring banks to the masses – by mobile
BAGHDAD: Just a fifth of Iraqis have bank accounts, but 70 percent…
Dubai and Egyptian stock markets eye cooperation
DUBAI: Dubai's main stock market is working with the Egyptian Exchange to…
Egypt’s CPG market sees decline, report says
CAIRO: Egypt’s Consumer Packaged Goods (CPG) market saw a decline of 10.5…
Oil up more than $1 on European growth, dollar fall
LONDON: Oil rose more than $1 on Friday, taking benchmark US crude…
Egypt requests IMF loan
WASHINGTON: The International Monetary Fund has received a loan request from…
Egypt braces for turmoil-hit Q1 results
DUBAI/CAIRO: A construction boom in Saudi Arabia and hopes for an index…
Minister: Unrest costs Egypt economy $3.5 billion
CAIRO: The price tag for the labor unrest and political protests that…
Market’s main remedy is political stability, experts say
CAIRO: With Egypt’s credit ratings recently downgraded by top agencies like Moody’s…