South Korea Setback Shows Pressure On Boeing Warplane Orders
South Korea's decision to reopen bidding for a fighter-jet contract rather than accept Boeing Co's (BA.N) F-15…
CBE Offers Egypt Banks $40 mln at FX Auction Today
The Central Bank of Egypt (CBE) has offered today its second foreign exchange auction for this week totaled US$ 40…
Kenya Mall Siege ‘Over’ But Death Toll Unclear
As Kenya began three days of mourning on Wednesday for at least 67 people killed in the siege of a Nairobi mall, it…
Oil Flirts With First Gain In Five Sessions
Oil futures on Wednesday were making a feeble attempt to put an end to their losing streak, but they still leaned…
Europe Tracks U.S. Lower On Debt Ceiling Concerns
European stock markets opened broadly lower on Wednesday, tracking prior-day losses in the U.S., where discussions…
OCI N.V. Launches Tender Offer for OCI Local Shares, GDR Offer Soon
OCI N.V. announced today the launch of the first period during which all eligible shareholders of Orascom…
Court Delays Appeal against TMG’S Madinaty Deal Till January 28
The Supreme Administrative Court adjourned today the hearing of an appeal lodged by Hamdy El Fakharany against the…
Egypt Shuts Headquarters Of Muslim Brotherhood Newspaper
Egyptian authorities have shut down the headquarters of the Muslim Brotherhood's Freedom and Justice newspaper in…
Iranians Decline Obama-Rouhani Encounter
US officials offered to hold informal talks between President Barack Obama and Iranian President Hassan Rouhani on…
Economic Group Reviews Providing Basic Commodities
The economic group, under Prime Minister Hazem el-Beblawi, reviewed a report of the supply minister on the measures…