Business Blog

Rolls-Royce, Airbus help European shares higher

* FTSEurofirst 300 up 0.2 pct * Engine deal helps Rolls and Airbus * European equities still set to snap weekly winning run * Barclays bounces after lawsuit falls By Alistair Smout EDINBURGH, June 27 (Reuters) - European shares edged higher...
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Qatar's office rental market sees uptick

Qatar's office rentals witnessed higher rates across locations during the first quarter of 2014. Within the residential market, the rental rates increased 2-4 percent quarter-on-quarter (QoQ); sales market performed well and mortgage inquires rose considerably during the period, a GCC real estate quarterly report yesterday noted.

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Intel Egypt, 3 Local Manufacturers Eye Designing New Education Tablets

Business Development Manager Sameh El Mallah said Intel is aiming boosting its IT products portfolio in cooperation with Arab Organization for Industrialization(AOI), Al Kharafi and Banha Company for Electronic Industries.

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Mobinil rules out low-price offers once TE gets mobile licence

Vice President Commercial of Egyptian Company for Mobile Services (Mobinil) Ashraf Halim asserted that the mobile phone operators won't compete Telecom Egypt (TE) after obtaining the integrated licence for reducing the calls prices and providing new package of discount and low-prices on services.

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Surplus iron ore spells trouble for miners

Smaller miners are suffering as ore prices continue to drop and they struggle to break even

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Dubai launches mobile app for applying for, renewing and cancelling visa

The General Directorate of Foreigners and Residents Affairs (GDFRA) Dubai has launched a new smart phone application that can help UAE nationals, residents and companies to avail of a number of services without visiting the immigration office.

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