Latest Business News
Orascom Development opens first hotel in Oman
CAIRO: Real estate and hotels firm Orascom Development opened its first hotel…
OCI unit wins $552 mln Saudi stadium deal: source
CAIRO: A unit of Egypt's Orascom Construction Industries (OCI) won a 2.07…
Egypt bought 2.6 mln T of local wheat in 2011
CAIRO: Egypt bought 2.6 million tons of wheat from local producers in…
FIHC tenders for edible oils: trade
CAIRO: Egypt's state-owned Food Industries Holding Company (FIHC) has issued an international…
Czech Pegas to open unit in Egypt
PRAGUE: Czech synthetic textiles maker Pegas Nonwovens struck a deal with a…
Orascom lifts Egypt; Gulf down on euro debt woes
CAIRO/DUBAI: Egypt's Orascom Telecom (OT) surged on Monday on a report of…
Steel industry not affected by Ezz case, minister says
CAIRO: Egypt’s Minister of Trade and Industry Mahmoud Issa said that the…
Oil falls more than $2 on euro zone debt, dollar
LONDON: Oil fell more than $2 per barrel on Monday as Europe…
Egypt central bank to offer LE 9 bln in repos
CAIRO: Egypt's central bank said it will ask for LE 9 billion…
Egypt discussing finance package with Saudi, UAE
CAIRO: Egypt is discussing financial packages for budgetary and other support with…