Arabtec says will not reverse provisions in 2011
DUBAI: Dubai builder Arabtec will not reverse provisions in 2011 and has…
Oil market witnesses record price gap
LONDON: A cocktail of factors, including ample US crude stockpiles, unrest in…
Kingdom Holding eyes $350 mln Egypt investment: paper
CAIRO: Saudi firm Kingdom Holding is considering investing $350 million in an…
Egyptian tech start-ups seek US venture capital, partners
CAIRO: A select group of Egypt’s technology start-ups will kick-off a US…
Egypt mulls forex, loan guarantees for PPP plans
CAIRO: Egypt is studying sovereign guarantees and measures to mitigate currency risk…
Denmark to give Egypt $15 mln in aid, Maersk to invest $25 mln
CAIRO: Denmark has allocated 100 million krona ($15.4 million) in aid to…
ANALYSIS: Arab spring likely to leave oil firms unscathed
LONDON: Western oil firms are unlikely to face widespread asset seizures or…
Banks lift Abu Dhabi to 23-week high, Qatar down
DUBAI: Abu Dhabi bank stocks rose on Thursday on improving outlooks for…
Islamic Development Bank to loan Egypt $2.5 billion
CAIRO: The Islamic Development Bank said on Wednesday it will grant Egypt…
Real estate drags Egypt’s index down, regional markets mixed
DUBAI/CAIRO: Real estate stocks dragged Egypt’s main index down 0.9 percent after…