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- Egypt's El Sewedy Electric , the Arab world's biggest listed cable maker, said its consolidated first quarter net profit declined 43.8 percent, the stock exchange said on Wednesday.
May 30, 2012 5:23
The deal is part of a $3.6 billion takeover by Marubeni of Gavilon, whose other owners include billionaire investor George Soros and hedge fund manager Dwight Anderson.
May 29, 2012 6:24
Egypt's elections reveal a polarised nation that poses long-term risks for foreign investors.
May 29, 2012 12:31
Egyptian commodity purchasing enterprise Meditrade issued a tender seeking to purchase 20,000 to 30,000 tonnes of sunoil and 20,000 to 30,000 tonnes of soyoil, a trader said on Monday.
May 28, 2012 5:47
France Telecom acquired 94 percent of Egyptian mobile phone company Mobinil in a tender offer, Egypt's stock exchange said on Sunday, giving the French group control of a top sector player in a volatile but lucrative emerging market.
May 28, 2012 10:46
The new ratio is effective starting on June 26, the bank said on its website. On March 20, it announced it was reducing the ratio to 12 percent from 14 percent.
May 27, 2012 5:19
First-round results expected by Tuesday; Early tallies favour Islamist and Mubarak associate; Brotherhood seeks broad alliance against Shafiq; Stock market drops on fear of polarising runoff.
May 27, 2012 5:18
Islamist Mursi and Mubarak's PM Shafiq topped first round; Each side claims to be champion of anti-Mubarak revolution; Leftist candidate challenges outcome
May 27, 2012 11:44
First free presidential election in Egypt's history; Outcome may be clear before official results on Tuesday; second round in June if there’s no outright winner
May 24, 2012 2:32
Economic issues - corruption and poverty - were high on the list of protesters' complaints during the Arab Spring and the subsequent uncertainty has worsened the economic position of the Middle East's most populous nation, says Una Galani
May 22, 2012 3:27
Dubai-based regional investment bank Ridge Capital has bought 100 percent of Egyptian asset management firm El Rashad Holding, which is expanding its Islamic financing business, its financial adviser said on Tuesday.
May 17, 2012 11:23
Shares in Egypt-based investment bank EFG Hermes rose on Monday following the announcement of an agreement with Qatar's QInvest to form a region-wide investment bank
May 7, 2012 3:27
Egyptian mobile firm Mobinil slumped to a first-quarter net loss of 74 million Egyptian pounds ($12.24 million) due to the costs of switching its network to 3G and said its outlook was uncertain because of political volatility.
May 1, 2012 10:12
Egypt has turned down a request from eight U.S.-based civil society groups for licences to operate in the country, after a crackdown on their activities sparked the first diplomatic spat with Washington since the ousting of Hosni Mubarak.
April 24, 2012 9:05
Egypt's Ministry of Finance will offer 3 billion Egyptian pounds ($494.7 million) in reopened bonds at an auction on April 30, the central bank said on Monday.
April 23, 2012 4:23
Qatar needs to find a home for billions of dollars raised from gas exports each year, writes Una Galani.
May 22, 2013 9:43
Telecom company exhibits its high impact projects, including Mobile Baby.
May 21, 2013 6:01
As the World Cup draws closer, Qatar's fiscal spending, its only policy tool, may become difficult to restrict.
May 21, 2013 4:23
Device to be a “virtual concierge” for luxury hotel's guests.
May 22, 2013 12:04
FNC member argues that minimum wage for domestic workers and maids is 'taking advantage' of employers.
May 20, 2013 4:24
