Latest Business News
VTB Capital names Nomura’s Abboud as Mideast, Africa head
DUBAI: VTB Capital named Nomura Holdings' Makram Abboud as its chief executive…
IMF team in Egypt for talks on possible $3.2 bln loan
CAIRO: An International Monetary Fund mission has arrived in Egypt for talks…
RBS to sell Middle East M&A business
DUBAI: Part-nationalized Royal Bank of Scotland is in talks to sell its…
Egypt’s Orascom, Nasr City scrap Tigan cooperation
CAIRO: Egyptian group Orascom Development and local real estate firm Madinet Nasr…
Egypt tourism earnings fall 30 percent in 2011
CAIRO: Revenues from Egypt's lucrative tourist industry dropped by 30 percent in…
Yield at Egypt T-bill auction rises, size trimmed
CAIRO: Egypt's central bank said it cut back on the amount of…
Egypt’s Suez Canal Dec revenue $443.7 mln
CAIRO: Revenue from Egypt's Suez Canal rose 4.8 percent on a year…
IFC plans $1 bln MENA investments by end-June: regional exec
DUBAI: International Finance Corp. , a unit of the World Bank, plans…
Debt rebalancing to boost MENA bond market: Morgan Stanley
DUBAI: Debt capital markets activity in the Middle East North Africa region…
Egypt reveals ‘economic constitution’ ahead of IMF visit
CAIRO: For the first time in the country’s history, the Federation of…