Economy
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…
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…