Latest Business News
Egypt’s Orascom Telecom plunges on tax fears
CAIRO/DUBAI: Egypt's Orascom Telecom (OT) suffered its largest decline in five weeks…
Private equity competition rife in the region
CAIRO: “The private equity market is growing too fast, there is only…
IT experts optimistic on progress of virtualization, cloud technology
CAIRO: The impact of virtualization and cloud servers on data centers is…
Private equity competition rife in the region
CAIRO: “The private equity market is growing too fast, there is only…
Egypt Citadel looks for improvement in holdings
Egyptian private equity firm Citadel Capital said on Monday it will focus…
EFG-Hermes Q3 consolidated net income down 42 pct
Egyptian investment bank EFG-Hermes reported a 42 percent fall in third-quarter net…
SODIC studying $173 mln bond issue: paper
Egyptian real estate firm SODIC is considering issuing LE 1 billion worth…
Egypt’s current account deficit widens to $802 mln
Egypt's current account deficit widened to $802.2 million in the July-Sept quarter…
Saudi-Alcoa JV signs $1.9 billion financing deals
RIYADH: Saudi Arabia Mining Co (Maaden) and US Alcoa signed financing deals…