KSA Cuts Egypt’s Share Of Pilgrimage, Zazou Cites “Disastrous Decision”
Egyptian Minister of Tourism Hesham Zazou said the Kingdom of Saudi Arabia decided to decrease the number of…
Egypt’s Central Bank Offers US$ 40 Mln at FX Auction Today
Central Bank of Egypt (CBE) has offered on Monday US$ 40 million to local banks at its 66th auction and the 48th…
Egypt’s Benchmark Opens 1.3% Lower As June 30 Protests Dig In
The Egyptian market has opened Monday’s sessions with losses for the second day in a row for this week of EGP 3.2…
Turkey Protests Could Spell Economic Ruin If They Last
Ratings agency Fitch says future police response to ongoing protests will govern Turkey's financial fortunes. With…
Google Is Said To Be Acquiring Waze For $1.1 Bln
Google Inc. (GOOG) has agreed to acquire map-software provider Waze Inc. for about $1.1 billion, a person with…
SAP Looks For Acquisitions In China To Pick Up Software Talent
SAP AG (SAP), the largest maker of business-management software, is seeking acquisitions in China to tap into the…
Tanks In Beirut As Syria Protest Leaves One Dead
Lebanese troops blocked streets in Beirut with tanks and barbed wire for several hours on Sunday after the killing…
Turkey’s Erdogan Warns Patience With Protests Will Run Out
Prime Minister Tayyip Erdogan warned protesters who have taken to the streets across Turkey demanding his…
Bombs Strike Iraqi Market Killing At Least 13
At least 13 people were killed when two car bombs exploded and a suicide attacker targeted a market in a mainly…
Morsi Adviser Blames IMF for Delaying Egypt $4.8 Bln Loan Agreement
A leading adviser to Egypt’s president said Cairo had met all the requirements for a $4.8bn loan agreement with the…