Aker Solutions wins surface wellhead contract in Egypt
CAIRO: International oil services group Aker Solutions has signed a two-year frame…
New mobile rules would only affect new entrants: official
By Reuters CAIRO: Proposed amendments to an Egyptian law requiring mobile telecom…
IMF says Egypt needs to agree on new budget
By AFP WASHINGTON: The International Monetary Fund said Tuesday that Egypt's divided…
Egypt stocks at 9-week low; profit-taking weighs on Saudi
By Nadia Saleem and Patrick Werr/Reuters DUBAI/CAIRO: Egypt’s main index fell 0.8 percent…
Lebanon delays gas tenders, sets up administrator
By Laila Bassam / Reuters BEIRUT: Lebanon is delaying tenders for offshore exploratory…
Dubai’s Shuaa names Colin Macdonald as new CEO
By Mirna Sleiman / Reuters DUBAI: Shuaa Capital, the struggling Dubai-based investment bank,…
Ezz Steel 2011 net profit falls 20 pct
By Tamim Elyan / Reuters CAIRO: Egypt's largest steel producer, Ezz Steel, posted…
Egypt urban inflation dips to 9 pct in year to March
By Sherine El Madany / Reuters CAIRO: The urban consumer inflation was…
Egypt government launches CD sale to citizens abroad
By Patrick Werr / Reuters CAIRO: Egypt's government will begin selling three-year certificates…
Greek lender EFG to sell Turkish arm to Kuwait
By Dinesh Nair / Reuters DUBAI: EFG Eurobank will sell its Turkish arm…