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Business
Turkey signs $350 million Iraq oil drilling deal
Despite tension with Baghdad, Turkey signs a deal on drilling 40 oil wells in Basra and discuss other deals
Brent inches below $108 ahead of US jobs data
Brent crude slipped On Friday amid uncertainties over jobs data release in US. Expert expect price to vary between $107 and 109 a barrel depending on the job data release expected later on Friday
Standard Chartered close to US settlement on Iran transactions
Standard Chartered bank is close to a final settlement to resolve U.S. investigations concerning accusations of hiding some $250 billion worth of transactions with Iran
Iraq opens biggest trade fair in 20 years
More than 1,500 companies from Iraq and 21 other countries are taking part in the Baghdad International Fair, which is due to run until November 10
Egypt treasury bill yield rise as quick IMF deal prospects recede
Yields are on the rise again as traders say government will face challenge selling austerity measures to the public
NYC taxi firms run out of fuel as gasoline crunch deepens
Power outages after Hurricane Sandy have forced many gasoline stations to shut, hampering East Coast efforts to get back to business
Greek journalist tried over Swiss bank list
Speedy trial for publisher of the 'Lagarde List' has fed anger against a rich elite whom many blame for years of recession
Iran and Syria swap fuels as both aim to dodge sanctions
Allies arrange a gasoline-for-diesel trade to overcome international sanctions which have brought a halt to Assad's oil trade
Egypt moves to rein in energy subsidy bill
Egypt cabinet receives results of a pilot programme selling subsidized canister of butane gas in four governorates to families carrying government ration cards or to people determined to be in need  
Egyptian financial analysts upbeat despite weakened currency
Although Egyptian pound's value hit 8-year low Wednesday, local analysts expect currency to stabilise by year's end
Egypt stocks plunge into red on foreign investment, IMF worries
Main index tumbles 2.1 pct — its third straight loss — as Centamin court ruling continues to spook overseas investors
Mubarak's lawyer resigns from Ezz defence team
Egyptian steel magnate will be seeking a new lawyer for his latest graft trial after the reported resignation of Farid El-Deeb
Libyan oil workers vie for regional vs central control
Struggle over the National Oil Company's powers is adding to broader discontent in Benghazi as some people say they still feel marginalised

Egypt stocks tumbling 2.1 pct as Centamin ruling, IMF visit spark worries
Market takes third consecutive fall as court-ruling and looming economic reforms prompt caution among foreign investors


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