Latest Business News
Widening trade deficit may stifle Egypt’s growth
CAIRO: Egypt’s trade deficit widened 42.6 percent in the year to October…
Egypt draws up incentives to boost local auto production
CAIRO: Egypt is currently working on a proposed incentive program to boost…
Outtara slaps ban on Ivory Coast cocoa exports
ABIDJAN: Alassane Ouattara, internationally recognized as the winner of Ivory Coast's election,…
Rights group says democracies ignore abuses
BRUSSELS: Democracies around the world are turning a blind eye to abuses…
Naimi says speculation a worry, oil demand to rise
RIYADH: This year could mark a turning point for oil demand as…
Dubai PE firm Abraaj to invest $2 bln in 2011, 2012
RIYADH: Dubai-based Abraaj Capital expects to invest $2 billion in 2011 and…
El Araby, Toshiba JV to produce LCD televisions
CAIRO: A joint agreement has been signed by El Araby Group, Egypt’s…
Egypt taps Hungary for trade boost
CAIRO: Egypt has tapped Hungary as the next country with which it…
Police: Flurry of car bombs kill 10 in Baghdad
BAGHDAD: A flurry of morning bombs killed 10 people and wounded 34…