Latest Business News
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…
Industry minister orders restructuring of 16 export councils
Abdel Nour says export councils in question had failed to achieve past…
Egypt estimates local wheat crop at 9 million tonnes
Reuters - Egypt estimates its local wheat crop at 9 million tonnes,…
Kuwait’s Zain says sued for $4.5bn over Iraq Telco buy
Reuters - Zain is being sued for $4.5bn over its 2007 acquisition…
Saudi SABIC profit slips in Q1, CEO says must expand aAbroad
A shortage of natural gas was limiting its domestic growth