Central Banks exempts sugar imports from cash cover minimum
CAIRO: In light of the recent rise in sugar prices reaching LE…
Egypt eyes Sudan for wheat needs
CAIRO: Egypt has turned to its impoverished southern neighbor, Sudan, for use…
Stock index take a slight dip
CAIRO: Egypt's main index, EGX30, dipped, with property developer Talaat Moustafa Group…
OT agrees to pay Telecel back taxes as VimpelCom deal deadline approaches
CAIRO: Orascom Telecom (OT) has agreed to pay $3 million in back…
Saudi Nov inflation unchanged at 5.8 pct yr/yr
JEDDAH: Saudi Arabia's annual inflation remained unchanged from the previous month at…
Iran hikes gasoline price four-fold as subsidies cut
TEHRAN: The price of gasoline will rise four-fold in Iran in the…
Mercosur inks tariff deal with Egypt, others
FOZ DO IGUACU: South America's Mercosur trade partners signed a preferential tariff…
Egypt’s central bank leaves key interest rates unchanged
CAIRO: Egypt's central bank kept its key overnight interest rates steady on…
Egypt to receive $100 mln World Bank loan to modernize irrigation
CAIRO: The World Bank approved Thursday a $100 million loan to support…
Hellenic Petrol sells drilling rights in Egypt
ATHENS: Greece's biggest refiner Hellenic Petroleum has sold rights to drill for…