Latest Business News
Egypt ends up buoyed by Orascom Telecom
CAIRO: Egypt's benchmark ended higher after Orascom Telecom (OT) soared. OT ended…
Egypt’s Orascom Telecom up on Algerian unit report
CAIRO: Orascom Telecom climbed 10 pct after an Egyptian newspaper reported that…
Israel faces holiday palm shortage as Egypt bans export
JERUSALEM: An Egyptian decision to ban the export of closed palm fronds…
US ambassador highlights importance of economic opportunities in democratic transitions
CAIRO: In her first address to the American Chamber of Commerce last…
Suez Canal 8-month earnings up by 11.7 pct to $3.46 bln
CAIRO: Egypt's Suez Canal earned $3.458 billion in the first eight months…
Gas station owners deny responsibility for supply shortage
CAIRO: A group of 30 Cairo gas station owners demonstrated Sunday in…
Oil revival lifts Abu Dhabi 2010 nominal GDP 16 pct
ABU DHABI/DUBAI: Abu Dhabi's nominal economic output rose 15.9 percent in 2010,…
BP trying to raise Iraq oil output, not in contract talks: CEO
ABU DHABI: British oil major BP remains committed to reaching its oil…
Top global banks cut MENA research roles: sources
DUBAI: Leading global investment banks, including Credit Suisse AG , are cutting…
Ezz Steel says ruling may hit investments
CAIRO: Ezz Steel, whose shares have been battered since a court jailed…