Latest Business News
Yemen finances improved, currency to stabilize, says IMF official
DUBAI: An International Monetary Fund official has praised Yemen, under U.S. pressure…
Qatar: New rules for Islamic banking
New regulations for Islamic banking in Qatar released by the Central Bank…
Cisco, Xceed expand customer support in Egypt
Cisco and Xceed expanded on their 18 months of cooperation by enhancing…
Orascom Dev nine-month revenue dips, net profit gains
Real estate and hotels firm Orascom Development posted a 9 percent drop…
Egypt buys 66,500 tons of rice from local market
Egypt's General Authority for Supply Commodities (GASC) said on Monday it had…
Lecico Q3 net profit rises 5 pct
Ceramics maker Lecico Egypt posted a 5 percent increase in third-quarter net…
Egypt central bank did not intervene to back pound
CAIRO: The central bank did not intervene last week to help the…
One-off boosts Orascom Tel profit, Algeria subs fall
CAIRO: Egypt's Orascom Telecom, which may tie up with Russia's Vimpelcom to…
Suez Canal revenue up to $427.3 mln in October
CAIRO: The Suez Canal, a major indicator for the state of Egypt’s…