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

EFG Hermes denies CEO’s connection with Port Said case

CAIRO: After EFG Hermes CEO Yasser El-Mallawany was banned from traveling earlier…

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EFG Hermes shares slide after CEO’s travel ban

CAIRO: Conflicting reports surrounded the reasons behind a travel ban on Yasser…

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IFC invests $124 mln in Medgulf to extend MENA insurance reach

CAIRO: IFC, a member of the World Bank Group, said it is…

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Egypt trims 5-year bond sale, cancels 7-year

CAIRO: Egypt's central bank sold only half the reopened five-year bonds it…

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Egypt expects tourist numbers up despite clashes

DUBAI: Egypt's Ministry of Tourism hopes to see a recovery in tourist…

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Egypt equities rebound may be part of bumpy ride

DUBAI: Egypt's post-revolution equities are cheap but still not cheerful. Valuations are…

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Investors, experts to meet at Cityscape real estate summit

CAIRO: Cityscape Next Move is gearing up to host regional and international…

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Kuwait markets steady after Islamist election win

DUBAI: Kuwaiti financial markets were steady on Sunday after the Islamist-led opposition…

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Eni ups Algeria gas imports on Russian shortfall

MILAN: Italy is importing more gas from Algeria to offset lower Russian…

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Slowing growth weighs on Mideast M&A values: report

ABU DHABI: Mergers and acquisitions in the Middle East and North Africa…

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