Latest Business News
Egypt’s loan scheme for government employees seen as positive
CAIRO: Egypt’s Ministry of Finance launched last week a new loan scheme…
BAM30 Index to be rebalanced
Cairo-based investment bank Beltone Financial said that the BAM30 Index is to…
Egypt Dec core annual inflation rises to 9.65 pct
Egypt's core annual inflation accelerated to 9.65 percent in the year to…
Orascom Telecom, CIB weigh on Egypt
Egypt's benchmark index declined for a third day, dragged down by blue-chips…
UAE property firms turn to shareholders for funds
DUBAI: Two of the United Arab Emirates' largest property companies are seeking…
S. African farmers look for greener pastures abroad
MAFAVUKA: Thousands of white South African farmers are leaving their homeland to…
Maridive receives two new units, six more to follow
Maridive and Oil Services received one new vessel and one new barge…
Algeria appoints Shearman to advise on Orascom unit
Algeria has provisionally appointed law firm Shearman & Sterling LLP to advise…
Orascom Tel gains amid mixed Egypt shares
Egyptian shares were mixed Monday, with Orascom Telecom (OT) gaining after a…
Facebook denies shutting down in March
CAIRO: Facebook will not be shutting down on March 15, 2011, the…