A court decided to drop charges against former president Hosni Mubarak over the killing of protesters in a 2011 uprising.
Brent crude fell nearly $2 a barrel to a five-year low below $68 in early trade on Monday but then pared some losses and climbed towards $70.
Azadea expects to fetch between $400 million and $500 million with its offer of a 25 per cent stake, sources said.
Sovereign wealth funds in the region are investing more in emerging markets such as Africa and China as they shift away from Western markets.
A proposed resolution on a Palestinian state is unlikely to gain the support of veto-wielding council member the US, a key ally of Israel.
The payment brings the amount Egypt has returned to Qatar to $6 billion, leaving $500 million outstanding.
Oil demand in Asia is not growing quickly enough to offset stagnating consumption, writes Reuters columnist John Kemp.
Oil prices have fallen by more than a third since June mainly due to increasing production in North America from shale oil.
The lender said it charged them excessive foreign currency fees on debit and credit card transactions.
Mohamed al-Makkawi, Al-Futtaim’s Egypt CEO, said the investments would be directed towards new projects in Cairo Festival City development.
The Middle East market, specifically Saudi Arabia, holds strong potential for growth for the French tyre company, says COO.
The bank has arranged syndications for Turkish borrowers worth more than $4.5 billion since 2010, including more than $2.1 billion in the past 18 months.
Petrochemical revenues from the region grew by $6 billion between 2012 and 2013, increasing 7.3 per cent, a new report shows.
Iran’s oil minister will meet his Saudi counterpart in Vienna to persuade the oil giant for cuts in oil production and supply, state news agency said.
Abraaj is now offering 79.10 pounds ($11.06) a share for a total purchase price of 909.65 million pounds, it said in Sunday’s statement.
The negotiations between Tehran and six world powers – the US,UK, France, Germany, Russia and China have dragged on for more than a year.
Western officials say Iran has refused to budge on key issues such as uranium enrichment.
The three journalists have been jailed for nearly a year on charges of aiding a “terrorist organisation”.
Africa’s fast growing economies have transformed the continent into a booming frontier market, but risk is still a primary concern for GCC investors.
Regional concerns such as Iran’s impending nuclear deal and growing security threats from the region have helped mitigate the widening rift between GCC members, analysts say.
A government source had previously said the negotiators were considering a payment of around 235 million Egyptian pounds ($33 million).
Islamic State has caused international alarm by capturing large expanses of Iraq and Syria, declaring a Sunni “caliphate” .
Relations between Cairo and Doha have deteriorated since President Abdel Fattah el-Sisi took charge.
The majority of regional financial professionals also expect bonuses to increase when compared to last year, finds survey.
The recommended minimum monthly salary has risen to SAR1,200 in Saudi, and to Dhs1,500 in the UAE.
Zanganeh did not name the countries but he may have been referring to Saudi Arabia, a dominant force within the Organization of the Petroleum Exporting Countries.
The video did not show the beheading but showed a masked man standing with a decapitated head covered in blood lying at his feet.
Sunni Saudi Arabia is alarmed by the Houthis links to Iran and fears they may seek to emulate the king-making role played in Lebanon by its Shi’ite militia Hezbollah.
Start-ups still lack adequate funding options despite the growth of venture capital firms and other alternative forms of funding, a Silicon Oasis survey shows.
There were no immediate details of whether embassies were the target of the bombs or whether any staff or security guards were in the buildings at the time.