Latest Business News
Egypt producer prices up 22 pct yr-on-yr to Oct
Egypt's producer price index rose 21.9 percent in the 12 months to…
TransGlobe expects 33 pct higher production in 2011
Canadian oil and gas company TransGlobe Energy Corp said it expects 2011…
Jul-Sep current account deficit widens to $802 mln
Egypt's current account deficit widened in the July-Sept quarter as imports grew…
Rasmala expands reach with RBS partnership
CAIRO: The Royal Bank of Scotland (RBS) has set up a full…
Amending land auctions law positive for investors
CAIRO: Egypt is considering an amendment to the public auctions law that…
Islamic finance struggles to rouse inert fund industry
KUALA LUMPUR: When regulators in Dubai and Malaysia signed a deal in…
Kuwait donates 500 million dollars for east Sudan development
KUWAIT CITY: Kuwait has donated 500 million dollars for the development of…
Egypt’s Orascom Telecom plunges on tax fears
CAIRO/DUBAI: Egypt's Orascom Telecom (OT) suffered its largest decline in five weeks…
Private equity competition rife in the region
CAIRO: “The private equity market is growing too fast, there is only…
IT experts optimistic on progress of virtualization, cloud technology
CAIRO: The impact of virtualization and cloud servers on data centers is…