Business

Find the latest business news on Egypt’s stock market, banking, investments, tourism, automotive, international business, technology, interest rates, currencies and funds.
Latest Business News

Nile Pharmaceuticals’ profits fall 58% within 11 months

By Rojeeh Samir The Board of Directors of Nile Pharmaceuticals and Chemical…

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Barclays moves to repair ‘devastating blow’ to reputation

Barclays said that Agius, who has chaired the bank for six years,…

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Dana Petroleum adds two new wells to its Egyptian portfolio

The Aberdeen-based Dana Petroleum has completed the appraisal of two developmental wells…

Mohamed El-Bahrawi Mohamed El-Bahrawi

Islamic Trade lends Egypt USD 1bn to meet rising demand of consumer goods

The Egyptian government signed a final agreement with the International Islamic Trade…

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EU warns Egypt against cotton import ban

By Omar Abdel Hamid and Mohamed Salah El-Din The European Union warned…

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Government resumes cement license programme

By Islam Zayed An official in the Ministry of Finance revealed that…

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Morsi raises government salaries

The government began implementation of the new budget decisions last Sunday, after…

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European stocks rise, euro falls, bond yields ease

European and US stock markets mostly rose on Monday while the euro…

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British Petroleum draws first gas from Seth development Block

Energy veteran British Petroleum (BP) has announced production of first gas from…

Mohamed El-Bahrawi Mohamed El-Bahrawi

Market analysts forecast seesawing trading indices

The Egyptian stock market was rated the second fastest emerging market worldwide…

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