Latest Business News
US says no plans to give IMF more money
WASHINGTON: The US Treasury reiterated Thursday that Washington has no plans to…
China says World Bank head should be chosen on merit
BEIJING: China said Thursday it hoped the next head of the World…
Money pours back into Mideast stock markets
DUBAI: A sharp rise in trading turnover shows money is pouring back…
Lecico posts Q4 loss after one-off provision
CAIRO: Egyptian ceramics maker Lecico said on Thursday it made a LE…
Egypt index retreats as Mobinil rally stalls
CAIRO: Egypt’s benchmark index slipped 0.7 percent as a rally in telecom…
NSGB says Q4 net income rose 18 pct
CAIRO: National Societe Generale Bank (NSGB), Egypt's second-biggest private bank by market…
Turkish businesses in Egypt to discuss challenges, investments
CAIRO: As Egypt strives to regain the confidence of foreign investors, members…
Sanctions sap Dubai’s role as Iran trade hub
DUBAI: Reza, an Iranian businessman in his mid-30s, moved to Dubai 10…
Egypt shares dip second day after rally
CAIRO: Egypt's main index declined a second day on profit taking, retreating…
World Bank approves $240 mln for Giza power project
CAIRO: As part of a broader program that aims to meet the…