LONDON: Brent crude oil futures fell below $120 on Tuesday for the first time in two weeks, pressured by concern over the economic outlook and the risk that high prices could erode demand.
By 1318 GMT, Brent crude was trading $2.20 lower at (...)
CAIRO: An investigation into Ezz Steel's chairman over links to ousted Egyptian President Hosni Mubarak poses little threat of nationalization, said T. Rowe Price's Middle East fund manager, who is upbeat on Egypt's prospects.
Egypt's public (...)
LONDON: Protests sweeping the Middle East and North Africa may have diminished the prospects for more initial public offerings (IPOs) on Morocco's bourse this year, its chief executive said on Thursday.
Morocco wants to double the number of (...)
LONDON: The cost of insuring Egyptian sovereign debt against default for five years jumped 19 basis points on Tuesday as escalating violence in Libya threatened to fan further unrest in the Middle East and North Africa.
Five-year credit default (...)
