Kuwait’s Zain says finalises $800m, five-year loan facility
Reuters - Kuwait’s Zain has finalised an $800m, five-year loan facility from…
Dubai’s DAMAC triples profit as property sales surge
Reuters - Dubai luxury real estate developer DAMAC tripled its 2013 net…
Sawiris to buy into German travel group FTI
Sawiris, a member of Egypt’s richest family, runs Orascom Development Holding, operating…
Coca-Cola international plans to invest $500m in Egypt
President of Coca-Cola says the move reflects the company’s confidence in Egypt’s…
Foreign reserves on the rise: CBE governor
Despite continuous fluctuations in foreign reserve levels, CBE Governor Hesham Ramez says…
Kuwait fines Ahli Bank chairman $5.3m over insider trade
Reuters - A Kuwaiti court has fined the chairman of Al Ahli…
Etihad Airways 2013 profit jumps 48% on partnerships, expansion
Etihad, which has minority stakes in seven airlines including Air Berlin and…
February tax evasion cases valued at EGP 2.6bn
There have been 378 tax evasion cases in February, the interior ministry…
Foreign trade minister promotes Egyptian projects in London
Mounir Fakhry Abdel Nour visits London to strengthen British-Egyptian relations.
UAE’s Aramex wants Gulf customs rules amended to aid e-commerce
The current regulations only allow small shipments, such as parcels sent by…