EgyptAir YoY Profits Drops 75% in 2011
EgyptAir has reported a 75% year-on-year decline in profit to $12 million in 2011, citing the civil unrest in Cairo…
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Saudi CMA To Apply Governance Rules Gradually
Saudi Arabia's market regulator has said corporate governance standards and requirements on Authorized Persons are…
Saudi Main Index Falls Most in Eight Months
Saudi Arabia’s benchmark dropped to its lowest level in eight months, as concerns on global markets continued to…
4 Killed Amid Oil Storage Tank Blast in Egypt’s Suez
Four people have been killed and 22 others injured by an explosion at an oil storage tank in the eastern Egyptian…
Egypt To Sue UK Treasury On Mubarak’s Assets Repatriation Failure
The Egyptian Ministry of Justice has decided to sue the UK Treasury for failing to reveal information necessary for…
SCAF Not to Endorse Presidential Candidate
Egypt’s Field Marshal Hussein Tantawi, the head of the Supreme Council of the Armed Forces (SCAF), which is…
Egg Prices High As Easter Approaches
Easter is a pleasant day for people of all ages to enjoy springtime, outdoor activities and certain authentic foods…
T-Shirts Bearing Omar Sulieman’s Image Confiscated At Cairo Airport
Cairo International Airport customs authorities confiscated five packages weighing 130 kgs transported by an…
Saudi Arabia Determined To Push Down Oil Prices: Naimi
Top oil exporter Saudi Arabia is determined to bring down high oil prices and is working with fellow OPEC members…
Marseille Tops NILEX’s Trade Volumes; April (8th to 12th)
Whilst last week’s trading, Marseille Almasreia Alkhalegeya For Holding Investment (MAAL) has shown to be the most…