Latest Business News
Microsoft nears $8.5 bln Skype buy in web shift
NEW YORK: Microsoft is close to buying internet telephony network Skype in…
TUI Travel posts fresh losses on Egypt, Tunisia unrest
LONDON: TUI Travel suffered a net loss of £254 million (€290 million,…
AlembicHC raises Egypt’s Sidi Kerir price target
BANGALORE: AlembicHC raised its share-price target on Egypt's Sidi Kerir Petrochemicals Co…
Egypt inflation jumps to a year high on food prices
CAIRO: Urban consumer inflation in Egypt accelerated to 12.1 percent in April,…
Oil up over $2 at $111, helped by bargain hunters
LONDON: Oil rebounded by more than $2 on Monday due to bargain…
Boeing sees short term oil price, Mideast impact
DUBAI: Plane maker Boeing said on Sunday that high fuel prices and…
ECRA brings experts to discuss economic developments
CAIRO: The Egyptian Association of Credit and Risk (ECRA) will bring together…
Thomas Cook reports loss on Egypt, Tunisia unrest
LONDON: Thomas Cook announced on Monday net losses of £200 million in…
US eyes ways to support battered Egypt economy
CAIRO: The United States is studying ways to support Egypt's economy following…