IMF says welcomes Egypt draft budget, talks ongoing
CAIRO: The IMF welcomed on Thursday the Egyptian government's draft 2011/12 budget,…
Islamic trusts could revive Gulf property market
DUBAI: Jordanian Ashraf Hamdan began investing in Dubai's real estate market in…
Oil falls in Asia amid US economic concern
SINGAPORE: Oil fell in Asian trade Friday, erasing early morning gains that…
IEA urges OPEC to pump more as oil demand grows
LONDON: Global markets urgently need extra oil as refinery demand is about…
Poor nations urged to reform to win climate funds
By Alister Doyle/Reuters OSLO: Many developing nations are missing out on a surge…
Raya 2011 Q1 profit plunges 96 pct
CAIRO: Egypt's Raya Technology and Communication posted a 96 percent decline in…
Nomura downgrades Air Arabia, Jazeera Airways
CAIRO: Middle East airlines will likely suffer from higher jet fuel prices,…
Bargains tempt some wary tourists to North Africa
TUNIS/CAIRO: The tanks parked beside Tunisia's tourism ministry and the capital's main…
Egypt reviews re-start of gas exports to Israel
CAIRO: Egypt is reviewing the timetable for resuming gas exports to Israel…
Capital gains tax sparks ire of EGX chairman, raises concerns over tax evasion
CAIRO: Egypt’s newly proposed capital gains tax instantly sparked criticism at the…