Sudan calls off launch of $1 billion sugar plant
By Ulf Laessing / Reuters KHARTOUM: Sudan has shelved the launch of a…
Huge mandate for planned new Islamic bank
By Bernardo Vizcaino / Reuters DUBAI: Gulf institutions plan to spur development of…
Parliament, gov’t reach settlement over IMF loan, says report
By Reem Abdellatif CAIRO: After much debate over the $3.2 billion International Monetary…
Tanker with Syrian oil passes through Suez Canal
By Reuters CAIRO: The M.T. Tour, a tanker identified by the United…
Dubai’s Drydocks World edges closer to restructuring approval
By David French / Reuters DUBAI: Drydocks World, which is testing a form…
Tighter spreads to drive sukuk issuance: HSBC
By Bernardo Vizcaino / Reuters DUBAI: Issuance of Islamic bonds will be stimulated…
Egypt investors shift to longer-term debt: analysts
By Tom Pfeiffer and Patrick Werr / Reuters CAIRO: Growing local appetite for…
SODIC sees no impact from ruling against ex-chairman
By Dina Zayed / Reuters CAIRO: Egypt's SODIC, the country's third-biggest listed developer,…
Egypt says no IMF agreement until June
By Reuters CAIRO: Egyptian Planning Minister Faiza Abu El-Naga said on Monday…
Oil prices drift lower in muted trade
By AFP LONDON: World oil prices sank on Monday, continuing the previous…