Latest Business News
EFG-Hermes says Q2 net profit LE 79 mln
CAIRO: EFG-Hermes, Egypt's biggest investment bank, said on Sunday its net profit…
Industrial, small business projects on the rise in Alexandria
CAIRO: With a strategic location in the Mediterranean, Alexandria is seen as…
US debt remains investor safe haven despite S&P downgrade
PARIS: US Treasury bonds remain a hot ticket for investors looking for…
Suez Cement launches alternative fuel systems
CAIRO: In collaboration with the Egyptian Environmental Affairs Agency (EEAA,) Suez Cement…
Egypt reduces size of T-bill sale: ministry
CAIRO: Egypt's Ministry of Finance said the central bank sold LE 3.325…
BofA talks to Gulf funds to cut $17 bln CCB stake: sources
HONG KONG/DUBAI: Bank of America Corp has held exploratory talks with the…
Iranian gas flow to Turkey halted by blast
ANKARA: Iranian gas flow to Turkey has been halted due to an…
40 years on from gold standard, bugs crow
By Jan Harvey/ Reuters LONDON: Gold, and only gold, will be our…
Morocco cancels telecom stake sale for 2nd time
RABAT: The Moroccan government on Friday cancelled for the second time in…
HPCL says paying Iran, expects 2 oil cargoes in Sept
NEW DELHI: Indian refiner HPCL said it hopes crude deliveries from Iran…