Business

The board of Russia's Rosneft plans to discuss buying a stake of up to 35 percent in the Shorouk concession,…

Business activity in Egypt shrank in November, with the deterioration picking up pace for the fourth consecutive month, as weakness…

Egyptian billionaire Naguib Sawiris has resigned as chief executive officer of Orascom and his deputy Tamer El Mahdi has been…

A draft of a long-awaited Egyptian investment law aimed at reviving the country's economy and attracting foreign investors will be…

International Cooperation Minister Sahar Nasr signed on Sunday three agreements of cooperation with Abdel Wahab Badr, general director of the…

China's wealthiest shoppers are spending at home again, roused from a three-year slumber by a weaker yuan, lower prices and…

Deutsche Bank AG has agreed to pay $60 million to settle private U.S. antitrust litigation by traders and other investors…

OPEC will meet non-OPEC countries to finalize a global oil limiting pact on December 10 in Vienna, two sources told…

Egypt's largest listed lender CIB sold a near-72 percent stake in its investment banking arm CI Capital to Egyptian and…

Egypt has accepted six bids for oil and gas exploration worth a total investment of up to $200 million, the…