MCIT to invest in Abraaj’s RED fund
Egypt’s Ministry of Communications and Information Technology (MCIT), through its newly established…
Egypt, Iraq sales lift GB Auto’s Q3 net profit
Egypt's GB Auto said on Monday its third-quarter net profit rose 11.4…
Palm Hills Q3 sales jump, boosting net profit
Palm Hills Developments' (PHD) posted a 53 percent jump in third quarter…
Orascom Telecom not revising Vimpelcom sale plan
Egypt's Orascom Telecom is not revising its $6.6 billion plan to sell…
Publishers to get 70 pct of sales on Kindle device
Amazon.com Inc. said Monday it will start paying publishers more when they…
Dubai’s Drake & Scull details acquisition strategy
DUBAI: Dubai contractor Drake & Scull International is prepared to take on…
Zain shareholder threatens lawsuit over stake sale
KUWAIT: A shareholder of Kuwait's Zain said on Tuesday it was suing…
Yemen finances improved, currency to stabilize, says IMF official
DUBAI: An International Monetary Fund official has praised Yemen, under U.S. pressure…
Qatar: New rules for Islamic banking
New regulations for Islamic banking in Qatar released by the Central Bank…
Cisco, Xceed expand customer support in Egypt
Cisco and Xceed expanded on their 18 months of cooperation by enhancing…