Alstom in deal to build high-speed rail in Iraq
LE BOURGET: French engineering group Alstom has signed a preliminary deal to…
Oil around $107, impact of IEA release fades
LONDON: Oil's sharp sell-off paused on Friday as the impact of a…
ANALYSIS: Egypt likely to hold off on foreign bond sale
CAIRO: Egypt is unlikely to tap the international bond market in…
Marriott outlines plans for Egypt venues
CAIRO: Despite a 60-70 percent decrease in occupancy during this season, Marriott…
Egypt’s first GIS-enabled information portal
CAIRO: After spending over three years painstakingly mapping out the country’s streets,…
IEA announces 60 million barrel oil stock release
PARIS: Industrialized oil consumer nations on Thursday announced the release of 60…
Gulf markets down on low buying interest; Egypt up
DUBAI/CAIRO: Lack of buying interest weighed on Gulf markets on Thursday, while…
Cabinet approves LE 490.6 billion budget, boosts social spending
CAIRO: Egypt's Cabinet approved a budget for fiscal year 2011-2012 on Wednesday,…
Debate over foreign loans intensifies in Egypt
CAIRO: Even though news about Egypt rejecting a loan from the World…
Oil retreats on caution ahead of Fed meeting
LONDON: Oil fell on Wednesday, with investors cautious ahead of a US…