Local banking sector looks to build on 2010’s momentum
CAIRO: Analysts are largely unanimous in their assessment that 2010 was solid…
Fuel consumption falls in Iran after subsidy cut
TEHRAN: Fuel consumption has fallen by a fifth since the government began…
Mideast banks, funds seek to tap women’s wealth
DUBAI: Emirati housewife Sarah Alzarouni brushed past a group of women clad…
UAE passes law paving way for sovereign bond issue
ABU DHABI: The United Arab Emirate's top advisory council passed a new…
Egypt index breaks 7,000 points; Orascoms up
Blue-chips including Orascom Construction lead Egypt's main index to its highest close…
Arab Banking Corp buys stake in MeditBank
Libya-based Mediterranean Bank said on Tuesday it had sold a 49 percent…
Egypt reopens LE 4 bln of bonds
Egypt's finance ministry will offer three-year, five-year and 10-year bonds worth LE…
Apicorp sells Egypt firm stake to Indian group
The Arab Petroleum Investments Corp (Apicorp) said on Tuesday it sold its…
Orascom Telecom sees arbitration on Algeria unit: CNBC
CAIRO: Orascom Telecom (OT) will seek international arbitration soon in a dispute…
Intel optimistic about local ICT sector for 2011
CAIRO: Intel, which raked in a record $40 billion in revenue this…