Iran OPEC gov’t warns Arab oil producers
TEHRAN: Iran's Gulf Arab neighbors should not raise their production to replace Iranian oil if the European Union goes ahead with a ban on Iranian crude imports, Iran's OPEC governor…
Yield at Egypt T-bill auction rises, size trimmed
CAIRO: Egypt's central bank said it cut back on the amount of 273-day treasury bills sold at an auction on Sunday as their yields increased. The average yield rose to…
Egypt’s Suez Canal Dec revenue $443.7 mln
CAIRO: Revenue from Egypt's Suez Canal rose 4.8 percent on a year earlier to $443.7 million in December, but up 1.9 percent from a month earlier, the Egypt Information Portal…
IFC plans $1 bln MENA investments by end-June: regional exec
DUBAI: International Finance Corp. , a unit of the World Bank, plans to invest close to $1 billion by the end of June in countries including Egypt, Iraq, Jordan and…
Debt rebalancing to boost MENA bond market: Morgan Stanley
DUBAI: Debt capital markets activity in the Middle East North Africa region should exceed last year's total amount as firms rebalance their borrowing away from loans towards the bond market,…
Egypt reveals ‘economic constitution’ ahead of IMF visit
CAIRO: For the first time in the country’s history, the Federation of Egyptian Chambers released on Saturday an economic constitution, just a day ahead of a planned IMF visit to…
Protests, speeches, mark anniversary of Tunisia uprising
TUNIS: Tunisia will build on the gains of the uprising that toppled dictator Zine El Abidine Ben Ali, President Moncef Marzouki insisted Saturday, as demonstrators called for more reforms, and…
Sawiris case adjourned as lawyers clash
CAIRO: Defense and prosecuting lawyers clashed in the courtroom Saturday as the case the case of Naguib Sawiris, the Coptic billionaire tycoon who tweeted images of Mickey and Minnie Mouse…
Activists spread the call for power transfer to parliament
CAIRO: Youth activists calling for the ruling military council to hand over power to the newly-elected parliament on January 25 spread the word on Friday about what they see as…
Carter disappointed with women’s meager representation in Egypt’s parliament
CAIRO: Jimmy Carter, founder of the Carter Center that observed Egypt's parliamentary elections, said his greatest disappointment in the process was the gross under-representation of women in parliament. "I believe…