Latest Business News
Maridive receives two new units, six more to follow
Maridive and Oil Services received one new vessel and one new barge…
Algeria appoints Shearman to advise on Orascom unit
Algeria has provisionally appointed law firm Shearman & Sterling LLP to advise…
Orascom Tel gains amid mixed Egypt shares
Egyptian shares were mixed Monday, with Orascom Telecom (OT) gaining after a…
Facebook denies shutting down in March
CAIRO: Facebook will not be shutting down on March 15, 2011, the…
Egypt experts warn of full-blown currency war
CAIRO: Increasingly over the past few months, talk of a currency war…
Egypt inflation edges up, rates seen steady for now
CAIRO: Egyptian urban inflation inched higher in the year to December, but…
Saudi bourse moving closer to foreign access, says document
DUBAI: Saudi Arabia's stock market committee is moving closer to allowing foreign…
Asset-backed sukuk framework seen lifting demand
DUBAI: A master agreement for asset-backed Islamic bonds will help spur demand…
Iraqi bourse sees rise in foreign investors in 2011
BAGHDAD: War-torn Iraq is expected to attract more overseas investment this year…
2010 Chinese box office surges to $1.5 bln
Chinese box office takings surged 64 percent to 10.2 billion Chinese yuan…