News in Briefs
Mediterranean ports closed for bad weatherReuters reported that the Egyptian port of…
Raya IT achieves LE 335 million sales in year 2007
CAIRO: Raya IT reported a record high sales figure of LE 335…
Minister hails massive investment in transport
CAIRO: Egypt expects to pull in LE 67 billion over the next…
News In Brief
Kraft acquires Groupe Danone s biscuit businessKraft Foods Inc. completed its acquisition…
Dubai Ports acquires 90 pct of Sokhna Port Development
CAIRO: Marking its first official debut in Egypt, Dubai Port operator DP…
Mohamed El-Fayed set to testify on his claims of a murder conspiracy
LONDON: Mohamed El-Fayed, the man who claims that his son and Princess…
Orascom Cement contributes in Lafarge's 39-pct profit rise
PARIS: Demand for cement is still rising after 20 years of uninterrupted…
Arab Insurance profits down on cyclone losses
MANAMA: Arab Insurance Group (Arig) on Thursday posted a more than 20-percent…
Norris and Alwaleed bin Talal help save US software company
SALT LAKE CITY: A member of the Saudi royal family and a…
Opec lowers its oil demand projections for 2008
VIENNA: The Opec oil cartel on Friday lowered its projections for growth…