Latest Business News
Airlines set for losses as Mideast unrest hits
DUBAI: Airlines operating flights to the Middle East and North Africa could…
Lecico unaudited net profit drops 14 pct in 2010, seeks bonus issue
CAIRO: Egyptian ceramics maker Lecico said its unaudited consolidated net profit dropped…
Egypt bourse to stay shut until Tuesday: agency
CAIRO: Egypt's stock exchange, closed since Jan. 27 because of an uprising…
IMF to set new indicators to track global recovery
CAIRO: While generally the global growth has resumed, it is uneven across…
New EU bank could quadruple N. Africa, Middle East aid
European financing for North Africa and the Middle East could rise four-fold…
Abraaj Capital says investments may be on hold in short run
Regional private equity group Abraaj Capital says that none of its assets…
Public sector banks face remuneration dilemma
Public banks came under the spotlight these past two weeks as…
EU bank calls for more Egypt, Tunisia funds
BRUSSELS: The European Investment Bank is calling on the EU to allow…
Oil, gold, grains up as investors fret over Libya
SINGAPORE: Oil, gold and grains surged on Tuesday as investors worried that…
Trade ministry announces policies to ensure availability of sugar, wheat
CAIRO: The Central Bank of Egypt approved a Ministry of Trade request…