Qatar renews call to link gas prices to oil
DOHA: Gas-rich Qatar on Tuesday renewed calls by exporters of natural gas for a mechanism to link pricing for the commodity to oil prices to ensure stability in the market.…
Resources-rich but forgotten east Sudan eyes donor forum
KHARTOUM: Rich in natural resources but neglected by the international community, eastern Sudan hopes to reap billions of dollars for its development at a donor conference opening on Wednesday in…
Leaked US diplomatic documents could embarrass Egypt, US officials
CAIRO: The release of more than 250,000 classified US State Department documents revealed a number of statements allegedly made in confidence to US diplomats, some that could prove embarrassing to…
SuperReturn Africa highlights investment opportunities in Egypt
CAIRO: “Private equity opportunities are tremendous,” Abdalla ElEbiary, Citadel Capital managing director, said at the SuperReturn African 2010 conference. The three-day private equity and venture capital conference, which opened Monday,…
IDC roadshow tackles region’s data growth
CAIRO: The International Data Corporation (IDC), an information technology and telecommunications market intelligence and advisory firm, opened Monday a Cairo conference on storage, virtualization and datacenters titled “Building a Smarter…
UAE firm focuses on developing farmland in Egypt, region
ABU DHABI: Jenaan, an Abu Dhabi private firm, will focus on developing farmland it has already acquired in a number of developing nations until it breaks even in about five…
TMG leads Egypt up; Amer debut eyed
CAIRO: Egypt's benchmark index ended higher, led by Talaat Moustafa Group (TMG) as investors favor real estate stocks ahead of property developer Amer Group's shares debut on Tuesday, traders say.…
Turkey eyes navigation line with Egypt
A Turkish delegation visiting Egypt said it was keen on establishing a regular navigation line to transport goods and passengers between Egypt's Alexandria port and a Turkish port, reported the…
Opposition supporters demonstrate after flawed elections
By Maggie Michael and Paul Schemm /AP CAIRO: Demonstrations and riots swept across Egypt Monday protesting alleged fraud by the ruling party in parliamentary elections in which the opposition said its…
Citadel Capital Q3 net loss dips from Q2
Egypt's Citadel Capital on Monday said consolidated third quarter net loss after taxes narrowed to LE 29.6 million ($5.1 million) from LE 94.8 million in the second quarter. …