Latest Business News
Budget deficit widens as analysts blame lack of political will
CAIRO: Egypt’s budget deficit is expected to peak to LE 182 billion…
Pope prays for peace after Nigeria bomb blast
VATICAN CITY: Pope Benedict XVI prayed for the victims of famine, floods…
Egypt’s Citadel Capital swings to loss in Q3
DUBAI: Egyptian private equity firm Citadel Capital said on Sunday it swung…
Egypt sells more 91-day T-bills than offered
CAIRO: Egypt's central bank sold more 91-day treasury bills than originally offered…
German energy giant RWE to sell Egyptian assets: report
BERLIN: German energy giant RWE has put its assets in Egypt up…
Copper up in thin trade on growth hopes, data eyed
LONDON: Copper rose in thin trade on Friday as an optimistic outlook…
China replaces Iran oil with Mideast, Africa, Russia
BEIJING/SINGAPORE: China has bought enough spot crude from the Middle East, Africa…
IMF sees high Saudi spending, budget surplus in 2012
DUBAI: Saudi Arabia is expected to maintain a high level of government…
Gold climbs as ECB tender lifts euro
LONDON: Gold rose on Wednesday as the euro continued its break higher…
Major traders win 9 pct of Libyan oil exports
LONDON: Libya has agreed to supply oil to four major European trading…