Latest Business News
World Bank pledges $1.14 bln for Egypt power: minister
CAIRO: The World Bank has agreed to give Egypt up to $1.14…
Climate change to deal blow to fruits, nuts: study
WASHINGTON: Climate change is expected to alter the global industry in fruits…
Egypt says will not raise electricity prices
CAIRO: Egypt will not raise electricity prices for the fiscal year starting…
Cairo ICT sees surge in visitors this year
CAIRO: This year’s Cairo ICT saw a 36 percent increase in visitors…
HSBC MidEast sells $500 mln 5-yr Islamic bond
DUBAI: HSBC's Middle East unit priced a $500 million Islamic bond on…
Qatar earmarks up to $10 bln for Egypt projects
CAIRO: Qatar said on Saturday it was prepared to invest up to…
Harvest season, import difficulties led to diesel crisis, says industry insider
CAIRO: The harvest season and the difficulty in importing diesel from Libya…
EU energy chief signs agreement on Iraqi gas export
BRUSSELS: The European Union's energy chief has signed an agreement with Iraq…
Oil pares gains after US home sales data
LONDON: Oil pared gains on Friday as weaker-than-expected US pending home sales…
Reform to cost $25 bln over 5 years, says Tunisia finance min
DEAUVILLE: Tunisia's plans for a range of reforms will cost in the…