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  • egypt economy

    New economic plan for Egypt

    Cairo is trying to secure a $4.8 billion IMF loan to shore up its finances as the economy faces a deep crisis rooted in two years of political turmoil that have drained foreign currency reserves to a critical level.

    February 27, 2013 5:22
  • 19 tourists die in Hot Air Balloon accident

    Egypt Hot Air Balloon Crash Kills 19 Tourists

    The accident happened over the west bank of the Nile river.

    February 26, 2013 11:29
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    HSBC says unprofitable to deal with Syrians

    One regional banking analyst said the cost of making additional checks on customers was difficult to justify if they did not provide much revenue to the bank.

    February 7, 2013 11:23
 
  • http://www.dreamstime.com/-image4840590

    Egypt’s Government nearing end of the road?

    To his critics, Ahmed Shafik is a typical autocrat consigned to history’s dustbin by the Arab Spring – a military…

    February 7, 2013 5:58
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    ENOC begins to cut off Iran and turns to Qatar

    Emirates National Oil Company (ENOC) signed an annual contract with Qatar’s International Petroleum Marketing Company (Tasweeq) to buy 20,000 barrels per day…

    February 5, 2013 10:17
  • Iranian President ready to go into space

    ‘Head in the clouds’ – Iranian President

    Iran declared last week that it had successfully launched a monkey into space and retrieved it alive, which officials hailed as a major step towards their goal of sending humans into space.

    February 5, 2013 10:14
 
 
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