Algeria sticks to Djezzy plan after Vimpelcom visit
ALGIERS: Algeria is sticking to its plan to nationalize Orascom Telecom's local…
Saudi’s Savola buys two Egyptian companies
JEDDAH: Saudi Arabia's Savola Group has signed an agreement to buy a…
Egypt cbank to offer LE 7 bln in repos
CAIRO: Egypt's central bank said it will ask for LE 7 billion…
Telecom Egypt employees say to continue strike
CAIRO: Employees of Telecom Egypt (TE) protested Monday outside the company’s headquarters…
Gold motors to three-week high
LONDON: Gold climbed to a three-week high on Monday, boosted by fresh…
Mubarak sons held $340 million in Switzerland: fraud chief
CAIRO: The two sons of ousted Egyptian president Hosni Mubarak held $340…
Yields drop as Egypt sells 3-year bonds
CAIRO; Yields fell sharply at an Egyptian sale of three-year bonds on…
Pecik has options on 5.5 pct of Telekom Austria
VIENNA: Investor Ronny Pecik has secured options via several companies to buy…
HSBC report sees bright trade future for Egypt as deficit narrows
CAIRO: Egypt's economic situation should stabilize on the long-term, according to…
Egypt finance minister says foreign borrowing necessary: paper
CAIRO: Egypt's dependence on local borrowing to support the state budget is…