Latest Business News
Markets seen consolidating; Egypt eyes Mobinil
DUBAI/CAIRO: Trading in Gulf Arab markets appears immune at times from turmoil…
Egypt economy to surpass Saudi Arabia by 2050, HSBC predicts
CAIRO: Egypt’s economy will be the largest market in the Middle East…
EFG Hermes closes VimpelCom-Wind Telecom deal
CAIRO: Regional investment bank EFG Hermes has closed the VimpelCom-Wind Telecom deal,…
Radwan says economy shrank 7 pct in Q3: paper
CAIRO: Egypt's economy contracted by an estimated 7 percent in the January-to-March…
South Africa puts continent high on BRICS’ agenda
CAIRO: The third summit of the BRICS leaders — heads of state…
IFC fund invests in Bahrain’s Ahli United Bank
CAIRO: The International Finance Corporation’s (IFC) Capitalization Fund will support expansion plans…
Egypt’s Amer says scrapping Porto Marina expansion
CAIRO: Egyptian real estate company Amer Group said on Wednesday it was…
CI Capital, CIB to partner with China Development Bank
CAIRO: Investment bank CI Capital and Commercial International Bank will develop a…
Oil falls below $120 on economic, demand concerns
LONDON: Brent crude oil futures fell below $120 on Tuesday for the…