Economy

Apple to launch new iPhone, iPad in March: 9to5mac

Apple to launch new iPhone, iPad in March: 9to5mac

Apple Inc (AAPL.O) is on target to introduce its next iPhone and iPad models on March 15, and aims to…
US, UK likely to charge multiple banks in Libor rigging: WSJ

US, UK likely to charge multiple banks in Libor rigging: WSJ

American and British regulators are likely to charge several banks with rigging interest rates, including Citigroup, the third-largest US bank,…
Shunned for years, gold stages comeback as equities melt down

Shunned for years, gold stages comeback as equities melt down

Gold's prospects for a sustained price rally are better than they have been for years as a weaker dollar, crashing…
Bunge takes legal action to deliver rejected French wheat to Egypt

Bunge takes legal action to deliver rejected French wheat to Egypt

Bunge Ltd is seeking to complete the delivery of a rejected cargo of French wheat to Egypt through legal action…
General Motors to resume operations in Egypt

General Motors to resume operations in Egypt

General Motors will resume operations in Egypt on Sunday, the company said on Thursday, after temporarily halting activities earlier in…
Yields on Egypt’s T-bills rise at auction on Thursday

Yields on Egypt’s T-bills rise at auction on Thursday

Yields on Egypt's six-month and one-year treasury bills rose at an auction on Thursday, data from the central bank showed. The…
Egyptian pound weakens on black market, steady at official auction

Egyptian pound weakens on black market, steady at official auction

The Egyptian pound slipped further on the black market on Thursday, piling more pressure on the central bank to devalue…
Egypt, Saudi drop in global rout; Saudi breaks chart support

Egypt, Saudi drop in global rout; Saudi breaks chart support

Egypt's stock market fell in early trade on Thursday, erasing the previous day's gain as global bourses sagged, while Saudi…
Egypt’s CIB to issue LE8 bn in financial instruments

Egypt’s CIB to issue LE8 bn in financial instruments

Commercial International Bank (CIB), Egypt's largest listed company, said on Thursday its board had approved a plan to issue financial…
Egypt’s OTMT approves final offer for CI Capital

Egypt’s OTMT approves final offer for CI Capital

Egyptian firm Orascom Telecom and Technology has approved the final offer for the acquisition of CI Capital, a subsidiary of…
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