Israeli warplanes hit Gaza after new rocket attack
JERUSALEM: Israeli warplanes launched two pre-dawn raids on tunnels in the southern…
World Bank offers $3.2 bln to finance 18 development projects
The current portfolio of cooperation between Egypt and the World Bank comprises…
Egypt’s central bank holds rates steady as growth quickens
CAIRO: The Central Bank of Egypt (CBE) left its key overnight interest…
US assurances may boost direct peace talks
CAIRO: Egypt said Wednesday it has received US assurances that may help…
NBE, NUCA to sell medium-term bonds-sources
Egyptian state-owned National Bank of Egypt (NBE) and New Urban Communities Authority…
Israel to hit Lebanon if Hezbollah attacks, says defense minister
WASHINGTON: Israeli Defense Minister Ehud Barak warned that Israel will strike directly…
Kuwait’s IIG defaults on $152.5 mln bond payment
DUBAI: Kuwait's International Investment Group (IIG) said it was unable to make…
More gas for Egypt after BP, RWE deal
CAIRO: A groundbreaking $9 billion agreement signed by Egypt this week should…
Naeem gets bids for Arabeya Online Brokerage
Naeem Holding, Egypt’s third-largest publicly traded investment bank, rose to the highest…
Oil falls towards $77 on US crude stock build
LONDON: Oil slipped to around $77 per barrel on Wednesday after weekly…