Latest Business News
Turkey’s central bank signals crisis rate rise
The bank also raised its outlook for inflation.
Housing ministry issues amendments to Construction Law
Decree issued by Minister of Housing Ibrahim Mahlab amends “executive regulations” regarding…
Egyptian bank says lining up first IPOs since Mubarak era
The last IPO on the Egyptian exchange was in 2010.
Egypt’s growth to miss forecasts
Reuters - Egypt’s economy will only grow by 2.0% in the fiscal…
OPEC producer UAE considers importing North American gas
Reuters - The United Arab Emirates, a Gulf OPEC oil producer, said…
Telecom Egypt to provide communication technology for TMG’s Madinaty
Services and applications offered by TE will include triple play, interactive internet…
CBE offers up $1.5bn to banks in exceptional auction
Auction aims to support banks and their role in domestic economy, central…
Abu Dhabi residential real estate rebounds strongly in 2013
Abu Dhabi’s real estate market slumped about 50% from its peak in…
Turkey ramps up lira defence with central bank crisis meeting
The lira rallied slightly shortly after the announcement.
Sawiris interested in Telecom Italia: Bloomberg
The report said that Sawiris, who runs Orascom Telecom Media and Technology,…