Latest Business News
Shuaa Capital narrows Q4 loss, provisions hit 2011
DUBAI: Shuaa Capital's net loss narrowed in the fourth quarter as the…
Egypt seeks 70,000T gasoil for Mar and June: trade
SINGAPORE: State-owned Egyptian General Petroleum Corp (EGPC) is seeking two more cargoes…
Egypt soars on positive outlook, Mobinil deal
CAIRO: Egypt's benchmark index surged 4.2 percent to its highest since…
Beltone says to sell its brokerage unit, Smart Village office
CAIRO: Beltone Financial Holding is looking to sell its brokerage unit, according…
France Tel, Sawiris reach accord on Mobinil
PARIS: France Telecom said it had reached a preliminary accord to buy…
UN consultant shot dead in Egyptian capital
CAIRO: The United Nations says one of its freelance consultants was fatally…
Kuwait Energy makes 15th oil well discovery
CAIRO: Kuwait Energy unveiled a new oil well in the Western Sahara,…
Yield rises at Egypt 266-day T-bill auction
CAIRO: The yield on Egyptian treasury bills rose at an auction on…
Orascom TMT says in talks with France Telecom over Mobinil
DUBAI: Orascom Telecom Media and Technology said on Sunday it is in…
Egypt still open for business despite calls for strike
CAIRO: Amid calls for a general strike, Egypt’s benchmark index, EGX 30…