Latest Business News
Egypt’s GASC buys 234,000 tons local, imported rice
CAIRO: Egypt's main state grain buyer, the General Authority for Supply Commodities…
Yield falls at Egypt 91-day T-bill auction
CAIRO: The average yield on 91-day Egyptian treasury bills declined at an…
Russian company signs up to develop Iran oil field
TEHRAN: Iran signed a deal reportedly worth up to $1 billion with…
Qatar 2012 outlook positive but growth to slow: IMF
DUBAI: Qatar's economic growth will slow next year and it faces an…
EasyJet CEO says no hit from euro zone crisis: paper
FRANKFURT: Low-cost airline EasyJet (EZJ.L) has felt no impact on its business…
Egypt annuls 1990s deal to sell state company
CAIRO: An Egyptian administrative court has ruled that the sale of a…
Repeat MSCI snub to Gulf shows extent of investor angst
DUBAI: Index compiler MSCI's latest snub to the United Arab Emirates and…
Investors’ cash grab shreds gold’s safe-haven status
LONDON: Investors' dash for cash has overwhelmed gold's traditional status as a…
Egypt has not requested IMF loan: IMF spokesman
WASHINGTON: Egypt has not requested an International Monetary Fund financing, an IMF…
US wheat suppliers eye more Egypt sales
CAIRO: US grain suppliers are likely to start winning tenders to sell…