Egypt's annual urban consumer price inflation eases to 9.1 pct in February
Egypt's annual urban consumer and core inflation eased for a second consecutive month in February but rose month on month as food prices continue...
Oil slump has uneven impact on global prices at the pump
A dramatic drop in oil prices is translating into a mixed bag for motorists across the globe - from hefty savings at the pump...
S. Africa looks to buy Iraqi crude to boost supply security
South Africa's Strategic Fuel Fund (SFF) is seeking to import 24 million barrels of oil a year from Iraq to boost its reserves in...
Egypt ordered to pay $1.76 billion to Israel over gas supply cut
Egyptian natural gas companies have been ordered through arbitration to pay the Israel Electricity Corporation $1.76 billion in compensation over a gas supply cut,...
Iraq asks BP to study developing Kirkuk oilfields
Iraq has asked British energy giant BP to draft a study on boosting production in all the oilfields of northern Kirkuk province, Oil Minister...
South Korea builder confident of $20 billion Saudi housing deal
A South Korean constructor that jointly won a $20 billion housing deal with Saudi Arabia said Monday it was confident the project would go...
Saudi bourse regulator tightens curbs on anonymous investors
Saudi Arabia's market regulator has further tightened its restrictions on anonymous investors trading shares through brokers, citing the need to prevent money laundering and...
Qatar fund sells 10% stake in Hochtief for 540M euros
Qatar's sovereign wealth fund says it has sold off its roughly 10 percent stake in German construction firm Hochtief for about 540 million euros...
Egypt strengthens exchange rate versus the dollar
Egypt has strengthened the official exchange rate of its currency by 0.20 pounds against the dollar.
Figures posted Wednesday on the website of the National...
British brands eye growing Muslim consumer market
From young start-ups to business giants, British entrepreneurs are eyeing a rapidly expanding global market for Muslim consumers with a range of brands from...
