Latest Business News
Egypt’s foreign reserves plunge $1.7 bln in Feb
CAIRO: Egypt's net foreign reserves plunged by $1.69 billion in February, their…
Arab Cotton Ginning July-Dec profit jumps
CAIRO: Egyptian textiles firm Arab Cotton Ginning's 2010 July-December net profit jumped…
Maridive 2010 net profit falls 23 percent
CAIRO: Egypt's Maridive and Oil Services, the biggest oil services firm by…
Global central banks point to more acute price risks
BASEL: A spike in food and oil prices has made the threat…
Dollar on backfoot; jobs data fails to impress
SYDNEY: The dollar struggled against a basket of major currencies early in…
Middle East, North Africa bourses lost $140 bln amid unrest
ABU DHABI Mar: Stock markets in Middle East and North Africa lost…
Nearly 3 pct of global gas supply at risk: Goldman
LONDON: Nearly 3 percent of global gas supply could be at risk…
Slight decrease in unemployment will likely be reversed: analysts
CAIRO: Egypt’s unemployment rate reached 8.92 percent during the second quarter of…
Bakery owners claim losses due to discrepancy in flour subsidies
CAIRO: A group of bakery owners who produce subsidized bread are claiming…
Egypt T-bill auction sells fewer bills than planned
CAIRO: Egypt's central bank said it sold LE 3 billion ($508 million)…