Hurghada and first phase of Safaga ports to open in June: Ministry of Transportation
95% of ongoing developmental projects in Hurghada port have been completed, RSPA…
Dubai’s Emaar properties posts 55% rise in Q1 profit
Reuters - Dubai’s Emaar Properties reported a 55% rise in first-quarter net…
Islamic finance body IIFM eyes first sukuk standard
Reuters - The Bahrain-based International Islamic Financial Market (IIFM) will develop its…
Dubai to sell 15-year benchmark sukuk Tuesday
Reuters - The government of Dubai plans to sell a benchmark-sized, US…
Mideast consortium agrees $500m National Petroleum Services buy
Reuters - A consortium of Gulf-based investors including Fajr Capital and Arab…
ICD boosting activity in Africa to widen Islamic finance appeal
Reuters - The private sector arm of the Jeddah-based Islamic Development Bank…
Ministries of Housing and Communication cooperate to establish smart villages in new cities
Project will stimulate housing sector, as it will result in rise in…
Energy subsidies reform to take effect in July: PM
Mehleb says interim government has yet to decide whether it will increase…
Egypt to lift natural gas prices for homes, businesses
Price hike only affects users connected to gas grid, most citizens not…
Philips Lighting installs second Community Light Centre
Philips Egypt’s CEO says the company is introducing the first generation of…