Register for our free newsletter

Latest News

UAE Egypt

Abraaj boosts Egypt investment

Abraaj Capital, the Middle East's largest private equity firm, has boosted investment in Egypt despite the country's political turmoil and is now eyeing the acquisition of an oil services firm, its chief executive said in remarks published on Tuesday.

November 1, 2011 12:13

Dubai World reopens Ain al-Sokhna port in Egypt

Dubai port operator DP World has reopened its Ain al-Sokhna port in Egypt after a temporary shutdown caused by labour strikes, the head of the Red Sea Ports Authority said on Monday.

September 26, 2011 2:27

Egypt discussing finance package with Saudi, UAE

Egypt is discussing financial packages for budgetary and other support with Saudi Arabia and the UAE that could exceed a total of $5 billion based on figures initially proposed, the Egyptian finance minister said on Monday.

September 19, 2011 11:12