Arab Investment Bank Injects US$ 10 Mln To Petroleum Sector
The Arab Investment Bank (AIB) plans to inject Islamic loans of US$ 10 million to finance the petroleum sector in…
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Clarification: National Gas Not Owned By Magdy Rashekh
The National Gas Company stated that Magdy Rasekh, Alaa Mubarak's father-in-law, owns a small stake in the company…
Foreign Investments In Govt. Debt Instruments Returned 2 Months Ago
Egypt’s foreign cash reserves lost about US$ 21 billion in the last year and nine months; of which US$ 10 billion…
Morsi Orders Govt to Follow 100-day Plan
Dr Mohamed Attia, Minister of Local Development, said president Mohamed Morsi tasked Dr Kamal Al Ganzouri's…
Egypt’s Trade Deficit 95.3% Up In March
Egypt's trade deficit has climbed by 95.3% in March 2012 as it has reached EGP 21.3 billion, compared to EGP 10.9…
Qatar’s Barzan Gas Project First Phase To Be Complete 2013-End, Says Official
The first phase of the QAR 37.8 billion (USD 10.4 billion) Barzan gas development project being implemented as a…
EGPC’s Shake-Up In Egypt Subsidies On Petroleum Products
The Egyptian General Petroleum Corporation (EGPC) has made proposals to help the government cut LE35 billion ($5.8…
South African Crude Oil Imports From Iran Reach $434 Mln
South African crude oil imports from the Islamic Republic of Iran have increased to $434.8 million in March from…
QE Advances 0.30% On Industry Sector
The Qatar Exchange benchmark QE 20 Index advanced 0.30% to reach 8,687.83 points Sunday, mostly due to gains in the…
Fatma Lotfy: Islamic Banking Is the Future
Fatma Lotfy, vice chairman and managing director of Bank Audi - Egypt, believes that Islamic banking will have a…