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…
Opec lowers its oil demand projections for 2008
VIENNA: The Opec oil cartel on Friday lowered its projections for growth…
London most expensive location for office hire in 2007: survey
LONDON: The British capital was the most expensive place in the world…
AirAsia X sells 20 pct stake to Japanese, Bahrain investors
KUALA LUMPUR, Malaysia: Malaysia s first long haul budget carrier, AirAsia X,…
Orascom Cement contributes in Lafarge's 39-pct profit rise
PARIS: Demand for cement is still rising after 20 years of uninterrupted…