Latest Business News
Soaring Compliance Costs Clip Wings of Mideast, African Banks
Rectifying these mistakes costs banks and their customers both time and money…
Syria inks oil, gas exploration deal with Russian firm
The agreement was signed by Syrian Oil Minister Suleiman Abbas, Syria's General…
Telecom Egypt to connect CIB branches using fiber optic technology
The fiber-optic infrastructure would provide CIB data network with data speed of…
Hulu must face privacy lawsuit, US judge rules
The lawsuit seeks class-action status on behalf of Hulu users nationwide
BlackBerry shares surge despite record losses
BlackBerry shares surged 15.52 percent to end the day at $7.22.
Sony, Panasonic to end joint OLED TV development
Sony and Panasonic formed the OLED alliance in June last year with…
An EGP 2bn syndicated loan for EGPC to meet its needs
SAIB has arranged this syndicated loan which includes other 13 banks.
Middle East stock market mostly rises
Some fund managers think a pull-back is likely in the near term…
Oil prices rise amid South Sudan violence
Brent North Sea crude for February gained 26 cents to $111.82 a…
20.6% decline in published newspapers during 2012: CAPMAS
The statement highlighted a drop of 29.8% in distribution domestically and abroad…