Latest Business News
UAE’s Al Futtaim eyes $1.3 bln for Qatar, Egypt plans
DUBAI: Al Futtaim Group, a UAE-based conglomerate, is planning to raise around…
Hungary seeks IMF help; Egypt CDS, FX hit by turmoil
LONDON: The Hungarian forint skidded more than 1 percent against the euro…
Stocks tumble on Cairo unrest
CAIRO: Egypt's benchmark stock index tumbled more than 2 percent on Sunday…
T-bills rise to 3-yr high, auction trimmed
CAIRO: Egypt's central bank reduced the size of its treasury bill auction…
Egypt to formally seek IMF financing, says minister
CAIRO: Egypt will formally ask the International Monetary Fund to start negotiations…
Egypt resumes natgas supplies to Israel, says Ampal
TEL AVIV: Supplies of natural gas from Egypt to Israel, which were…
MPs aren’t service providers, say experts, candidates
CAIRO: Electing a member of parliament to represent them is a new…
Oil rallies, boosted by weaker dollar
LONDON: Brent crude oil futures rallied to over $109 on Friday, helped…
Gold inches up on weaker dollar, Euro worries weigh
LONDON: Gold inched up on Friday helped by a weaker dollar and…
Centamin Egypt announces death of CEO
CAIRO: Centamin Egypt on Thursday announced the sudden death of its chief…