Economy
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…
GLOBAL LNG — Prices steady, global tenders to provide direction
March 26, 2016
GLOBAL LNG — Prices steady, global tenders to provide direction
Asian spot prices for liquefied natural gas (LNG) held their ground this week as market participants awaited the outcome of…
Rebirth of Public Business Ministry: development or privatization?
March 24, 2016
Rebirth of Public Business Ministry: development or privatization?
Two months after Egypt’s presidency announced that shares in “successful” state-owned banks and companies were to be offered on the…
State-owned business sector gets its own ministry in new cabinet
March 24, 2016
State-owned business sector gets its own ministry in new cabinet
Wednesday’s cabinet reshuffle has seen the state-owned business sector breaking its 12-year-old affiliation with the Investment Ministry, with the sector…
Iranians exasperated as US sanctions frustrate deal making
March 23, 2016
Iranians exasperated as US sanctions frustrate deal making
More than two months after international nuclear sanctions on Iran were supposed to have ended, frustration is deepening that few…
Saudi stock market edges up, Egypt soft in early trade
March 23, 2016
Saudi stock market edges up, Egypt soft in early trade
Saudi Arabia's stock market edged up in early trade on Wednesday on the back of second-tier stocks favoured by local…
US arrest of Iranian gold trader reopens wounds in Turkish graft scandal
March 23, 2016
US arrest of Iranian gold trader reopens wounds in Turkish graft scandal
The arrest of an Iranian gold trader whom Turkish prosecutors placed at the heart of a Turkish government graft scandal…