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Business
Iran's rial drops 10 pct as EU bans oil imports
The price of dollars to the riyal rose 50 per cent from a month ago as the EU imposed a bank on Iranian oil imports
Market Update: Egypt stocks up 2.4 pct at Monday close
South Sudan says Sudan seized oil worth $815 million
South's president blames its northern neighbour of 'looting' millions of dollars of its crude oil since December
IMF chief calls for $500bn in additional financing
Funding needed to fight contagion effects from the eurozone crisis, says Christine Lagarde
UAE central bank thwarts attempt to hack website
Banks fends off attack by Israeli hackers in the latest spare of Middle Eastern cyber crimes
EU agrees unprecedented oil embargo on Iran
Europe to place a ban on importing Iranian crude while gradually phasing out existing energy contracts between now and July
Egypt cigarette-maker sees profits soar a third in last 6 months
Eastern Company reports gains of LE371 million for the first half of its 2011-12 financial year
BlackBerry maker co-CEOs step down on company's struggle to compete
European Union bank blasted for links to Mubarak regime
NGO report claims investments from the EU's house bank ended up bolstering the finances of figures close to some of the Middle East's most repressive regimes  
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  • Mubarak lawyer says millions frozen by Swiss 'legal'
  • EIB offers 163 mln euros for Tunisian infrastructure
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  • EIB says could move fast on loans to Tunisia, Egypt
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    Market Report: Egypt stocks rise 2.4 pct as People's Assembly opens
    People's Assembly opening and return to trading of Orascom Telecom stocks give the market a boost
    Saudi Arabia to allow foreign shares to list on exchange
    The Kingdom permits overseas listing, taking it a step closer to direct ownership for foreign investors
    Market Report: Egypt's major stocks climb 1.3 pct on telecoms rally
    Orascom Telecom's return to the market spurs a Sunday appetite for high-cap stocks, as investors ignore imminent protests and push turnover to a recent high
    Lack of market response to Standard & Poor's downgrades raises questions
    Europe's financial markets take the downgrade of nine countries in their stride, suggesting rating agencies are losing their influence
    South Sudan plans to halt oil output within 2 weeks
    Dispute escalates between north and south, as Khartoum seizes crude to compensate for unpaid transit fees

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