Economy
MIDEAST STOCKS: Dubai may test chart support; Egypt to react to economic plan
March 28, 2016
MIDEAST STOCKS: Dubai may test chart support; Egypt to react to economic plan
Dubai's stock market may test technical support on Monday, while Egyptian investors will react to the announcement by the government…
Egypt’s yields on 91-day, 266-day T-bills jump at auction
March 27, 2016
Egypt’s yields on 91-day, 266-day T-bills jump at auction
Yields on Egypt's three-month and nine-month treasury bills rose at an auction on Sunday, finance ministry data showed.The average yield…
Egypt produces 10 million ducks, imports 25 million annually: Ministry
March 27, 2016
Egypt produces 10 million ducks, imports 25 million annually: Ministry
25 million ducks are imported every year to meet local demand, an official report issued by Agriculture Ministry said on…
Egypt’s Sawiris says CI Capital acquisition stalled by security
March 27, 2016
Egypt’s Sawiris says CI Capital acquisition stalled by security
Egyptian billionaire Naguib Sawiris said on Sunday his bid to acquire CI Capital, the investment arm of Egypt's largest listed…
Egypt to offer shares of AAIB and Banque du Caire on bourse
March 27, 2016
Egypt to offer shares of AAIB and Banque du Caire on bourse
Egypt will offer a 40 percent stake in Arab African International Bank (AAIB) and 20 percent of Banque du Caire…
ABK bent on restructuring Piraeus Egypt
March 27, 2016
ABK bent on restructuring Piraeus Egypt
Al Ahli Bank of Kuwait said Saturday it was close to laying down a strategy for investment restructuring at Piraeus…
Egypt’s EGAS completes tender for two LNG cargoes for April delivery
March 27, 2016
Egypt’s EGAS completes tender for two LNG cargoes for April delivery
Egypt has purchased two liquefied natural gas (LNG) cargoes for April delivery from two international companies, EGAS Chairman Khaled Abdel…
Pakistan, Iran aim to boost trade to US$5 billion
March 27, 2016
Pakistan, Iran aim to boost trade to US$5 billion
Pakistan and Iran aim to increase annual trade volumes between the two countries to US$5 billion by 2021, Pakistani Prime…
British EU exit campaign backed by 250 business leaders
March 26, 2016
British EU exit campaign backed by 250 business leaders
The campaign for Britain to leave the EU has been backed by 250 business leaders including the former chief executive…
Egypt has enough wheat reserves to last until July: supply minister
March 26, 2016
Egypt has enough wheat reserves to last until July: supply minister
Egypt, the world's biggest buyer of wheat, has enough strategic reserves of the commodity to last until the first week…