Tag: Business

Egypt Bourse climbs on talk of Sisi presidential bid; Qatar drops as IQ goes ex-div

Reuters - Egyptian shares rose on Tuesday after an unconfirmed media report…

Daily News Egypt

Ahmed Ezz granted bail for illegal acquisition of steel company, but remains in detention

The steel tycoon remains locked up for two other financial corruption cases

Daily News Egypt

Emirates REIT to raise $135m in first Dubai IPO since 2009

Reuters - A real estate investment trust, Emirates REIT, said on Tuesday…

Daily News Egypt

Huge housing deal may signal Gulf investment push into Egypt

The construction company said on Sunday that it had agreed with the…

Daily News Egypt

Egypt gains marginally after $40bn housing deal; Gulf mixed

Reuters - Egypt’s shares rose slightly on Monday after a deal between…

Daily News Egypt

Fitch upgrade boosts Saudi shares

Saudi Arabia’s measure advanced 1.1% to its highest level since July 2008,…

Daily News Egypt

Qatar may face higher costs of hiring foreign workers: IMF

Qatar, which has denied the Guardian’s findings, has seen an increasing influx…

Daily News Egypt

Global PC shipments to fall 6.1% in 2014: IDC

Reuters - Global shipments of personal computers fell 9.8% last year, the…

Daily News Egypt

UAE’s Etisalat misses forecast with 70% profit leap

Etisalat’s 2013 full-year net profit rose to AED 7.08bn from AED 6.74bn…

Daily News Egypt

Kuwait’s Zain says finalises $800m, five-year loan facility

Reuters - Kuwait’s Zain has finalised an $800m, five-year loan facility from…

Daily News Egypt