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

Egypt buys 18-20 gas oil cargoes in tender

By Reuters CAIRO: State-owned Egyptian General Petroleum Corp (EGPC) has awarded a…

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Muslim Brotherhood leaning toward IMF loan

By Patrick Werr and Marwa Awad / Reuters CAIRO: The Egyptian Muslim Brotherhood's…

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IMF to schedule mission to Egypt later in March

By Reuters WASHINGTON: The International Monetary Fund has received a document outlining…

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IEG evaluates World Bank response to financial crisis

By Amir Makar CAIRO: In spite of facing some macro-economic hurdles, countries that…

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Egypt sells more T-bills than offered as yields dip

By Tom Pfeiffer and Mohamed Samir /Reuters CAIRO: Egypt's central bank sold more…

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SODIC agrees to develop Cairo project in 3 years

By Dina Zayed / Reuters CAIRO: SODIC, the country's third-biggest listed developer, has…

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HC raises Ezz Steel to overweight

By Reuters CAIRO: Egypt's largest steel maker Ezz Steel will likely be allowed…

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GB Auto to cut exposure to Egypt market

By Reuters CAIRO: Egypt's GB Auto, the top passenger car importer and distributor…

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Egypt gets $1.2 bln commodity loan from Islamic bank

By Patrick Werr / Reuters CAIRO: Egypt has received a $1.2 billion credit…

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S.Africa’s MTN struggles to get money out of Iran

By David Dolan and Helen Nyambura-Mwaura / Reuters JOHANNESBURG: South African mobile phone…

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