Latest Business News
Egypt expects higher current account deficit in third quarter
CAIRO: Egypt's central bank (CBE) expects its current account deficit at the…
Investors wary as stock market remains closed, GDRs drop
CAIRO: Commercial International Bank’s global depositary receipts (GDRs) dropped 15 percent in…
Standoff between Lotus Air employees and manager almost resolved
CAIRO: The Lotus Air offices in Heliopolis have been the site of…
Kuwait’s Zain swings to Q4 net profit
KUWAIT: Kuwaiti mobile operator Zain swung to a small profit in the…
Oil climbs higher on Libya conflict
LONDON: Crude oil rose on Friday, with Brent above $116 a barrel,…
China’s deepening Arab ties: the dragon in the desert
By Martina Fuchs / Reuters DUBAI: A behemoth dragon-shaped shopping mall in…
ANALYSIS: Arab revolution could trigger foreign investment boom
By Sebastian Tong / Reuters LONDON: Unnerving as it is, the tide…
Private-civil partnerships key to success in the Arab region
LONDON: During US Secretary of State Hillary Clinton’s recent tour of the…
Egypt delays stock market reopening
CAIRO: Egypt's stock exchange, closed since Jan. 27 because of the protests…
Egypt raises procurement prices for key crops
CAIRO: Egypt has raised procurement prices for key agricultural products — wheat,…