Business
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…
Official denies suspension of BG Egypt gas development projects
March 22, 2016
Official denies suspension of BG Egypt gas development projects
A Petroleum Ministry official has denied media reports that BG Egypt, affiliated to Royal Dutch Shell, has suspended work at…
Price of waste-generated electricity not to be reconsidered: Minister
March 22, 2016
Price of waste-generated electricity not to be reconsidered: Minister
Environment Minister Khaled Fahmy announced on Tuesday that the tariff on electricity generated from waste recycling will not be reconsidered.The…
MIDEAST STOCKS: Egypt resumes post-devaluation uptrend, Gulf moves little
March 22, 2016
MIDEAST STOCKS: Egypt resumes post-devaluation uptrend, Gulf moves little
Egypt's stock market resumed rising on Monday after soaring last week in response to a currency devaluation, while most Gulf…
Apple hopes small is big again as iPhone SE debuts
March 22, 2016
Apple hopes small is big again as iPhone SE debuts
The low-key launch, held at the technology company's Cupertino, California campus rather than its traditional splash at a much larger…
World’s longest aircraft readies for first flight in Britain
March 22, 2016
World’s longest aircraft readies for first flight in Britain
The world's longest aircraft, an airship spanning more than six double-decker buses, is set to make its maiden flight later…
Unified exchange rates to be set daily: Supply Ministry
March 21, 2016
Unified exchange rates to be set daily: Supply Ministry
A unified exchange rate for US dollars will be reset each day to ensure stability for currency rates, according to…
Sterling hit by British political row, yen gains
March 21, 2016
Sterling hit by British political row, yen gains
Sterling was the biggest mover among major currencies on Monday, sinking more than half a percent on concerns a split…