Latest Business News
Budget carrier flydubai hit by high fuel costs
DUBAI: Budget carrier flydubai, which does not hedge its fuel costs, is…
Egyptian Resorts shrinks Q3 net loss
CAIRO: Real estate firm Egyptian Resorts narrowed its losses in the third…
EFG Hermes nine-month net profit slides: bourse
CAIRO: Egyptian investment bank EFG Hermes reported a 63 percent drop in…
Survey shows good value beats lower prices for Egyptian consumers
CAIRO: Egyptian consumers are more likely to save money by buying value…
Egyptian unrest hits Orascom Development with loss
CAIRO: Swiss-listed Egyptian property and hotels group Orascom Development reported a third-quarter…
OPEC will be fine without outside involvement: Iran OPEC governor
DOHA: The Organization of Petroleum Exporting Countries will watch market developments closely…
Nasr City Housing 9-mth profit falls 31 pct
CAIRO: Egyptian developer Nasr City Housing posted a 31 percent drop in…
Gold hit by market sell-off, Europe debt fears grow
LONDON: Gold fell on Tuesday, hit by a sell-off in financial markets…