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’s Nile Sugar to up capacity in 2013: CEO

DUBAI: Egyptian refiner Nile Sugar plans to increase its crushing capacity by…

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Bahrain opposition launch week-long rally for reform

MANAMA: Bahraini opposition parties, launching a week-long 'sit-in' for political reforms at…

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Brent extends gains on US jobs data, Iran

LONDON: Brent crude extended gains above $113 on Friday after data showed…

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Central Bank keeps rates steady, warns of inflation

CAIRO: Egypt's central bank left its benchmark overnight deposit and lending rates…

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Egypt asks World Bank for $1 bn loan for economy

WASHINGTON: Egypt has asked the World Bank for a $1.0 billion loan…

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Egypt market slides after Port Said violence, analysts blame lack of ‘political will’

CAIRO: Egypt’s benchmark EGX 30 index ended Thursday 2.22 percent lower after…

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Tunisia’s economy still awaits post-revolt bounce

TUNIS: Last May, a public relations agency hired by Tunisia's government placed…

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Etisalat says may sell African towers

DUBAI: UAE's telecoms firm Etisalat may sell its telephone tower operations in…

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Egypt to sell land to citizens abroad to get cash

CAIRO: Egypt's cash-strapped government has approved a plan to raise $3 billion…

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EU says it may lend Egypt up to 500 mln euros

CAIRO: The European Union may be prepared to lend Egypt up to…

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