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 says to offer citizens abroad $2 bln in CDs

By Patrick Werr / Reuters CAIRO: Egypt will offer its citizens living outside…

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ANALYSIS: Risk of reversal rises as oil enters ‘danger zone’

  LONDON: The chances of a sharp drop in oil prices similar…

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World reluctant to purchase Egyptian cotton, says agriculture minister

CAIRO: Minister of Agriculture told parliament Tuesday he suspects that a plot…

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Egypt’s real estate boom awaits political stability, say investors

CAIRO: The future is promising for Egypt, agreed a panel of local…

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Egypt shares slump, led by telecoms

CAIRO: Egypt's benchmark index slipped 2.4 percent, with telecom shares declining after…

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Abraaj interested in Turkey’s Calik media assets: sources

ISTANBUL: Dubai-based Abraaj Capital is among companies interested in bidding for the…

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UBS cuts Mobinil to neutral

LONDON: UBS downgraded Mobinil to "neutral" from "buy" citing fears of a…

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Mobinil says Q4 net loss $29 million

CAIRO: Egyptian mobile firm Mobinil said on Monday it posted a net…

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GB Auto to assemble Geely autos

CAIRO: GB Auto, Egypt's biggest listed automobile assembler, said on Tuesday it…

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Egypt to sell short-term dollar debt in March: report

CAIRO: Egypt plans to offer US-dollar certificates of deposit (CD) to Egyptians…

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