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  • Egyptian-pounds-sukuk

    Egypt pound weakens further at third central bank’s currency sale

    Egypt's pound continued its slide at the central bank's third auction of foreign currency under its new regime on Wednesday, with $75 million sold to banks at a cut-off price of 6.3510 Egyptian pounds.

    January 2, 2013 3:24
  • 200-arab-league-puzzle

    Arab League Chief, Ministers To Visit Ramallah To Discuss Aid

    A delegation of Arab ministers and high-ranking officials led by Arab League Chief Nabil Elaraby will visit Ramallah on Saturday to offer moral support and discuss financial aid for the Palestinian Authority, an Arab League source said on Wednesday.

    December 27, 2012 5:32
  • 200-telecom-egypt

    Egypt to grant Telecom Egypt a mobile license

    Egypt will grant Telecom Egypt a license by mid-2013 to provide mobile services and will later let mobile companies offer fixed-lined services using Telecom Egypt's infrastructure, the industry regulator said.

    December 27, 2012 5:30
 
  • http://www.dreamstime.com/-image11471017

    CAPITAL CONTROL: Worried Egypt slaps new controls on travelling with cash

    Egypt has banned travellers from carrying more than $10,000 in foreign currency in or out of the country, as officials worry over pressure on its pound currency and a rush by Egyptians to withdraw their savings from banks.

    December 26, 2012 10:56
  • Mohammed Mursi

    New constitution drafted by Mursi allies approved by Egypt

    Mursi's opponents say the new constitution could allow clerics to intervene in lawmaking, while offering scant protections to minorities and women. Mursi dismisses those criticisms, and many Egyptians are fed up with street protest movements that have prevented a return to normality.

    December 26, 2012 10:11
  • Sanctions pushing Iranian economy into recession

    Iranian businessman denies EU accusations

    Neither his Malaysia-based First Islamic Bank nor his more than 60 other companies had done anything wrong, he said.

    December 24, 2012 10:20
 
  • Emirati satisfaction and happiness

    Emiratis told not to go to Lebanon

    The Gulf Arab state issued the warning because of "difficult and sensitive political circumstances" in Lebanon.

    December 23, 2012 4:50
 
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