Latest Business News
CI Capital, CIB to partner with China Development Bank
CAIRO: Investment bank CI Capital and Commercial International Bank will develop a…
Oil falls below $120 on economic, demand concerns
LONDON: Brent crude oil futures fell below $120 on Tuesday for the…
Saudi plans $7 bln Egypt housing project: agency
CAIRO: A Saudi developer offered to invest up to $7 billion to…
EFG-Hermes board member Cararah resigns
CAIRO: Egypt's EFG-Hermes board member and head of brokerage Sherif Cararah has…
Egypt central bank accepts repos worth LE 8.36 bln
CAIRO: Egypt's central bank accepted LE 8.36 billion ($1.4 billion) in seven-day…
OT posts Q4 net loss of $178.8 mln
CAIRO: Egypt's Orascom Telecom (OT) posted a 2010 fourth quarter net loss…
Egypt’s index gains; real estate up
CAIRO: Egypt's main index closed higher on Tuesday as investors regained interest…
ICRC evacuates 618 migrants from Misrata
GENEVA: The International Committee of the Red Cross said it has helped…
OPEC: No shortage of crude oil in market
CAIRO: OPEC is worried about the recent surge in global oil prices…
Egypt stocks extend decline amid corruption probe
CAIRO: Egypt's benchmark stock index tumbled over 3 percent on Monday, pulling…