Latest Business News
GB Auto to cut exposure to Egypt market
By Reuters CAIRO: Egypt's GB Auto, the top passenger car importer and distributor…
Egypt gets $1.2 bln commodity loan from Islamic bank
By Patrick Werr / Reuters CAIRO: Egypt has received a $1.2 billion credit…
S.Africa’s MTN struggles to get money out of Iran
By David Dolan and Helen Nyambura-Mwaura / Reuters JOHANNESBURG: South African mobile phone…
Egypt index edges up, Gulf markets decline
By Reuters CAIRO: The benchmark index edged up 0.4 percent to its…
GE sees LatAm, Middle East outpacing Asia in 2012
By Jeb Blount / Reuters RIO DE JANEIRO: General Electric Co expects its…
TMG full-year net falls 39 pct
By Tom Pfeiffer / Reuters CAIRO: Egypt's Talaat Moustafa Group said its full-year…
GDP grew by annual 0.4 pct in Q4: MP
By Reuters CAIRO: Egypt's economy grew by an annualized 0.4 percent in…
Tourism minister optimistic over future
By AFP BERLIN: Egypt's hard-hit tourism sector is facing a new start…
Ratings agencies have no plans to rate UAE, Dubai: Fitch
By Carolyn Cohn / Reuters LONDON: Ratings agencies have no plans to give…
Dubai’s flying shoppers could ease its debt burden
By Una Galani / Reuters DUBAI: Dubai is relying on what it does…