EGX 30 slides 10 percent after trading resumes
CAIRO: Trading resumed on Egypt’s stock market after a 40-minute suspension early…
Credit card usage on the rise in Egypt
The usage of credit cards has significantly increased over the past year,…
Fawry, CashU offer online shoppers more payment options
Fawry, an electronic bill payment and presentment network, and CashU, a prepaid…
NBD finds niche in Sharia-compliant car financing
CAIRO: The National Bank for Development (NBD), which specializes in Sharia-compliant products…
Egypt’s stocks, pound plunge after mass protests
CAIRO: Mass protest on Egypt’s streets have walloped the country’s stock market,…
Ivory Coast leader orders seizure of regional bank
ABIDJAN: Incumbent leader Laurent Gbagbo's government has ordered the seizure of the…
US sees Egypt’s gov’t as stable despite protests
WASHINGTON: The United States expressed confidence in Egypt's government on Tuesday and…
Current oil price would eliminate Iraq deficit
BAGHDAD: Iraq's budget deficit for 2011, now expected to reach $13.6 billion,…
Saudi Arabia boosts term crude sales to China as oil use surges
BEIJING/SINGAPORE: Saudi Arabia will boost contract crude sales by 10 percent to…
Egypt’s main index drops 6 pct, pound reaches 6-year low
CAIRO: Egypt’s benchmark EGX 30 index dropped more than 6 percent Wednesday,…