Latest Business News
Sudan seeks to tap ‘blue gold’ with new dam projects
ROSEIRES DAM: Sudan is aggressively seeking to tap its abundant Nile waters…
Dubai at 3-mth low, Egypt dips after IMF turndown
DUBAI/CAIRO: Dubai's index fell to a 3-month low on Sunday, on disappointment…
Egypt pound weakens as government rejects foreign aid
CAIRO: Egypt's pound weakened to its lowest since mid-April after the government…
Syria presses sweep towards Lebanon border
DAMASCUS: Syrian troops pushed towards the Lebanese border on Sunday as…
Egypt says will not need IMF, World Bank funds
CAIRO: Egypt will not borrow from the World Bank and International Monetary…
Government managed to halt economic drain, says PM
CAIRO: Prime Minister Essam Sharaf said in a speech broadcast on state…
Alstom in deal to build high-speed rail in Iraq
LE BOURGET: French engineering group Alstom has signed a preliminary deal to…
Oil around $107, impact of IEA release fades
LONDON: Oil's sharp sell-off paused on Friday as the impact of a…
ANALYSIS: Egypt likely to hold off on foreign bond sale
CAIRO: Egypt is unlikely to tap the international bond market in…
Marriott outlines plans for Egypt venues
CAIRO: Despite a 60-70 percent decrease in occupancy during this season, Marriott…