Latest Business News
Egypt to sign IMF loan next month, minister says
CAIRO: Egypt expects to sign a $3.2 billion loan agreement with the…
Assets of subsidiaries of Libya’s investment arm freed, says UN panel
GENEVA: Subsidiaries of Libya's sovereign wealth fund are no longer subject to…
EU parliament approves agri trade deal with Morocco
BRUSSELS: European Union lawmakers approved a new trade deal with Morocco on…
Oil steady around $120 on Iran worries, Greek optimism
LONDON: Oil steadied near $120 a barrel on Friday, supported by tension…
US says no plans to give IMF more money
WASHINGTON: The US Treasury reiterated Thursday that Washington has no plans to…
China says World Bank head should be chosen on merit
BEIJING: China said Thursday it hoped the next head of the World…
Money pours back into Mideast stock markets
DUBAI: A sharp rise in trading turnover shows money is pouring back…
Lecico posts Q4 loss after one-off provision
CAIRO: Egyptian ceramics maker Lecico said on Thursday it made a LE…
Egypt index retreats as Mobinil rally stalls
CAIRO: Egypt’s benchmark index slipped 0.7 percent as a rally in telecom…
NSGB says Q4 net income rose 18 pct
CAIRO: National Societe Generale Bank (NSGB), Egypt's second-biggest private bank by market…