‘Deathly Hallows’ will leave fans eager for finale
By David Germain and Hilary Fox / AP The minister of magic proclaims that dark times have arisen in the opening moments of the new "Harry Potter" film — and the…
Egyptians struggle to find affordable homes
CAIRO: On the outskirts of Cairo, across the street from gated compounds where residents play golf on an 18-hole course, plush apartments sit vacant without buyers. As their luxury fittings…
HSBC, MasterCard, launch commercial card programs in Egypt
CAIRO: HSBC, in collaboration with MasterCard, has launched two new card programs especially tailored to meet the needs of Small and Medium Enterprises, (SMEs) as well as, mid-size and…
Lebanon dual-tranche bond oversubscribed: source
Lebanon's dual-tranche Eurobond, placed earlier this week, was significantly oversubscribed with the $225 million tranche receiving bids four times the size of the issue, a banking source told Reuters on…
Iraq buys wheat from US, Australia and Ukraine
Iraq's state grain board has bought 250,000 tons of wheat from the United States, Australia and Ukraine in its latest purchase tender, European traders said on Friday. The purchase involved…
Sewedy Electric Q3 net seen up to $39.6 million
Egyptian group El Sewedy Electric was seen posting a 26.5 percent rise in third-quarter net profit to LE 228 million ($40 million), as demand for power generation in the Middle…
Egypt’s GB Auto in talks to team with Tata Motors
GB Auto, Egypt's biggest listed automobile assembler, said on Thursday it was negotiating with India's Tata Motors Ltd to sell its vehicles in the Arab world's most populous market. Egyptian…
Oil drops below $86, euro zone concerns deepen
LONDON: Oil fell more than 2 percent to below $86 a barrel on Friday, retreating from a 25-month high reached in the previous session, as concern about Irish debt spurred…
SocGen keen for Egyptian acquisition
CASABLANCA: French bank Societe Generale is interested in acquisition opportunities in Egypt but will keep its growth strategy organic in other areas where it is already present, said its international…
SocGen keen for Egyptian acquisition
CASABLANCA: French bank Societe Generale is interested in acquisition opportunities in Egypt but will keep its growth strategy organic in other areas where it is already present, said its international…
