Economics and Policy
Egypt’s foreign reserves rose to their highest level in almost two years, reaching $18.8 billion at the end of July, according to the latest central bank figures.
More from the Associated Press
Profits at Dubai-based construction company Drake and Scull International rose 63 per cent year on year to $14 million during the three months to June as the Dubai-based contractor benefited from a revival in construction markets in Saudi Arabia and the UAE.
Budget airline Air Arabia, United Arab Emirates’ only publicly-listed carrier, reported an 15 per cent increase in second-quarter net profit as it carried more passengers.
