Latest Business News
IMF sees ‘good progress’ on loan deal for Egypt
The Egyptian government and the IMF are negotiating the terms of a…
Egypt Q1 tourist arrivals up 32 pct
By AFP CAIRO: The number of tourists visiting Egypt rose 32 percent…
Foreign investment in Iraq finally building momentum
Investors say Iraq has become safer for their money.
Biggest hurdles remain before East Med gas bonanza
Newly discovered gas reserves in the Eastern Mediterranean encourage regional tensions and…
IMF needs solid Cairo support for loan: Lagarde
By AFP WASHINGTON: IMF chief Christine Lagarde said Thursday that the global…
Egypt expects Saudi financial support by end of month
By Reuters CAIRO: Saudi Arabia will deposit $1 billion at the Egyptian…
Qatar builds yield curve with T-bill issues
By Mala Pancholia and Rachna Uppal /Reuters DUBAI: Qatar's decision to expand…
Abu Dhabi to exit Daimler: report
By Reuters FRANKFURT: Abu Dhabi is to exit its investment in German…
Egypt index edges higher, Gulf markets down
By Reuters CAIRO: Egypt's main index closed virtually unchanged, trading in thin…
Yields rise at Egyptian 182-day T-bill auction
By Mohamed Samir/Reuters CAIRO: The average yield on 182-day Egyptian treasury bills…