Latest Business News
Egypt domestic wood production reaches $5 bln
CAIRO: Egypt’s domestic wood production topped $5 billion in 2011, making it…
New platform to ‘revolutionize’ online interaction
CAIRO: A new electronic platform featuring tools that will create an interactive…
Sewedy H1 net profit drops 34 pct
CAIRO: Egypt's El Sewedy Electric, the Arab world's biggest listed cable maker,…
Nerves over North Africa freeze investment
LONDON: Latest numbers show foreign investors have steered well clear of North…
Abu Dhabi’s ADIA revamps external equities division
ABU DHABI: The Abu Dhabi Investment Authority (ADIA), one of the world's…
Oil slips towards $107 on Libya end-game
LONDON: Brent crude fell by more than a dollar on Monday to…
Egypt Housing and Development Bank posts Q1 loss
CAIRO: Egypt's Housing and Development Bank said it swung to a first-quarter…
Egypt central bank to offer LE 9 bln in repos
CAIRO: Egypt's central bank said it will offer LE 9 billion ($1.506…
ENI leads Libya oil race, rebels warn Russia, China
MILAN/LONDON: Italian oil company Eni led the charge back into Libya on…
48 pct of Egypt employers to hire next quarter, finds survey
CAIRO: More than half of Middle East and North Africa (MENA) employers…