Egypt T-bill auction sells fewer bills than planned
CAIRO: Egypt's central bank said it sold LE 3 billion ($508 million)…
Suez Canal activity unaffected by strike: official
CAIRO: Shipping at Egypt's Suez Canal was unaffected by a strike by…
Work resumes at Egypt free trade zones: Israel
JERUSALEM: Businesses reopened in Egypt's Qualifying Industrial Zones (QIZs), Israeli officials said…
Mideast tourism sector braces for fallout from revolts
BEIRUT: Tourism professionals in the Middle East are bracing for fallout from…
Egypt expects higher current account deficit in third quarter
CAIRO: Egypt's central bank (CBE) expects its current account deficit at the…
Investors wary as stock market remains closed, GDRs drop
CAIRO: Commercial International Bank’s global depositary receipts (GDRs) dropped 15 percent in…
Standoff between Lotus Air employees and manager almost resolved
CAIRO: The Lotus Air offices in Heliopolis have been the site of…
Kuwait’s Zain swings to Q4 net profit
KUWAIT: Kuwaiti mobile operator Zain swung to a small profit in the…
Oil climbs higher on Libya conflict
LONDON: Crude oil rose on Friday, with Brent above $116 a barrel,…
China’s deepening Arab ties: the dragon in the desert
By Martina Fuchs / Reuters DUBAI: A behemoth dragon-shaped shopping mall in…