Apache quarterly profit up, tops Street
HOUSTON: Apache Corp reported a better-than-expected 40 percent increase in quarterly profit…
Oil demand growth forecasts cut as economies slow
LONDON: A sharp slowdown in economic growth, particularly in the United States,…
Citadel shareholders back rights issue
CAIRO: Shareholders in Egyptian private equity firm Citadel Capital have approved a…
Lecico’s Khorshid factories return to production
CAIRO: Lecico Egypt has settled its labor stoppage and all Khorshid factories…
Orascom to cut budgeting, reporting time with Infor solution
CAIRO: Orascom Holding will deploy Infor’s Performance Management solution at its head…
Mobinil initiative aims to provide 100,000 Egyptians with job skills
CAIRO: “Helping hands that want to learn” is the motto of Mobinil’s…
Suez Canal sees record high revenues in 2010/11
CAIRO: A recent surge in global shipping has generated record high revenues…
NSGB lifts profit despite political chaos
CAIRO: NSGB, Egypt's second-biggest private bank by market capitalization, said second-quarter net…
Oil firm says business as usual in Syria for now
LONDON: Escalating violence in Syria has targeted oil-related facilities, but for…
Noor Islamic says sukuk market needs 3 yrs to turn
DUBAI: Noor Islamic Bank does not expect the Islamic bond market to…