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Nokia charging back with full force
Saudi government websites targeted
Egypt's financial market regulator EFSA said on Sunday that France Telecom can go ahead with a tender offer for a stake in mobile operator Mobinil held by local shareholder Orascom Telecom Media and Technology (OTMT).
April 23, 2012 9:13
Tender offer price remains 202.5 Egypt pounds/ECMS share; Egyptian owner Sawiris to sell most of his stake; OTMT remains in Mobinil via voting rights, board seats; Egypt regulator sees response next week
April 12, 2012 3:18
Monthly revenue from Egypt's Suez Canal rose 3.5 percent in the year to March to $428 million, the Egypt Information Portal website showed on Monday.
April 10, 2012 9:21
Raises co to "buy" from "hold"; Expects earnings growth of 33 pct in 2012
April 9, 2012 5:14
Egyptian Planning Minister Faiza Abu El-Naga said on Monday that Egypt is expected to sign a $3.2 billion financing package with the International Monetary Fund in June, three months later than it had previously hoped.
April 3, 2012 3:58
Morocco has excluded a group led by Egypt-based Orascom Construction Industries from the bidding for the first phase of a major solar energy project, l'Economiste newspaper reported on Friday.
March 24, 2012 3:43
Egypt's Islamist-dominated parliament on Saturday will pick members of a body tasked with drafting a new constitution, a document that could decide which branch of state will effectively rule the country for years to come.
March 24, 2012 3:21
A unit of Egyptian private equity firm Citadel Capital plans to cultivate up to 40,000 acres of farmland in South Sudan to sell staple foods such as maize in the newly-independent nation, an executive said on Tuesday.
March 21, 2012 1:55
"The sarcasm and sad humour reflects a rejection of the past, the oppression, the injustice, the violence," (The vendors) have immortalised the martyrs and made products inspired by the revolution."
March 16, 2012 3:39
After a sharp setback last week, UAE stock markets are now showing high trading volumes. But some say it remains fragile, speculative and depends on a benign global backdrop.
March 15, 2012 11:07
Egypt's second-biggest listed property developer, Palm Hills, reported on Monday it made a net loss of 331.3 million Egyptian pounds ($55 million) last year, compared with a profit of 526 million pounds in 2010, as sales revenue plunged 67.6 percent.
March 12, 2012 2:03
Revenue from Egypt's Suez Canal inched down 1 percent in the year to February, the Egyptian Information Portal website showed on Saturday.
March 11, 2012 1:00
The International Monetary Fund said on Thursday a delegation will visit Egypt later in March for discussions on an IMF lending program after Egyptian authorities recently submitted economic plans to the global lender.
March 10, 2012 5:05
Egypt attracted solid demand at an auction of seven-year treasury bonds on Monday amid optimism that foreign donors will help ease the country's fiscal crisis, traders said.
March 6, 2012 10:57
Egyptian vehicle distributor GB Auto reported an 8 percent rise in its fourth-quarter net income on Monday as soaring sales of its two and three-wheeled motorcycles offset a car market weakened by the recent political turmoil.
March 5, 2012 1:25
As Prime Minister Erdogan showcases Turkey's prestige on a visit to the White House, the country has its ratings upgraded...
May 19, 2013 9:45
The Emirates Identity Authority is 'keen' on making its ID cards more functional.
May 16, 2013 5:57
Controversial views from the clothing company's CEO causes huge backlash.
May 16, 2013 2:43
Michael Fay forged papers and operated as a pilot for Afriqiyah Airways for eight months. . .
May 14, 2013 11:26
