Latest Business News
Al Baraka Egypt Bank 2010 net profit soars
CAIRO: Al Baraka Egypt Bank more than doubled its annual net profit…
Vimpelcom to pay extra $250 mln interim dividend
MOSCOW: Russian telecoms operator Vimpelcom is to pay an extra $250 million…
EFG-Hermes denies holding Mubarak funds
CAIRO: Egyptian investment bank EFG-Hermes said on Thursday it does not manage…
Metalloinvest says Egypt unrest hit steel
MOSCOW: Unrest in Egypt has hit construction steel prices, with spot rebar…
CI Capital puts Egypt growth forecast at 4 pct
CAIRO: Just weeks ago, Egypt’s growth rate for the current fiscal year…
Borders decline means big changes for industry
By Hillel Italie/ AP Whether or not Borders survives closing some 200 stores,…
Chamber of Food Industries sees prices stabilizing
CAIRO: Commodity prices have been on the rise in the past few…
Renewed Egypt gas flow to Israel delayed
JERUSALEM: Shipments of Egyptian gas to Israel, which were due to resume…
Belgian tour operators to resume Tunisia, Egypt flights
BRUSSELS: Belgian tour operators announced on Wednesday they would slowly resume flights…
IMF sees Tunisia economy faring better than Egypt
CAIRO: Protests in Egypt and Tunisia will hurt their economies but neither…