Latest Business News
UAE passes law paving way for sovereign bond issue
ABU DHABI: The United Arab Emirate's top advisory council passed a new…
Egypt index breaks 7,000 points; Orascoms up
Blue-chips including Orascom Construction lead Egypt's main index to its highest close…
Arab Banking Corp buys stake in MeditBank
Libya-based Mediterranean Bank said on Tuesday it had sold a 49 percent…
Egypt reopens LE 4 bln of bonds
Egypt's finance ministry will offer three-year, five-year and 10-year bonds worth LE…
Apicorp sells Egypt firm stake to Indian group
The Arab Petroleum Investments Corp (Apicorp) said on Tuesday it sold its…
Orascom Telecom sees arbitration on Algeria unit: CNBC
CAIRO: Orascom Telecom (OT) will seek international arbitration soon in a dispute…
Intel optimistic about local ICT sector for 2011
CAIRO: Intel, which raked in a record $40 billion in revenue this…
Forum to enhance role of private sector in Arab economic integration
CAIRO: In an initiative to increase the role of the private sector…
Africa in 2010: World Cup highlights a year of progress
LAGOS: Africa showed its potential in 2010 with a successful World Cup…
Kuwait cbank denies Islamic banks’ liquidity request, says paper
DUBAI: Kuwait's central bank denied a request by Islamic lenders to grant…