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 Ezz Steel third-quarter net jumps

CAIRO: Egypt's largest steel producer, Ezz Steel, said on Tuesday its third-quarter…

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Dana Gas Q4 profit jumps, no details on sukuk

DUBAI: Dana Gas, which faces a $1 billion sukuk maturity in October,…

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Carlyle’s Mideast head Musallam quits: sources

By Mirna Sleiman/Reuters DUBAI: US private equity firm Carlyle Group's Middle East head…

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Jordan hikes electricity price after Egypt gas cut

AMMAN: Jordan said on Monday it will raise electricity prices this week…

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Egypt to offer LE 3 bln in reopened bonds

CAIRO: Egypt's Finance Ministry will offer LE 3 billion ($497.6 million) in…

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Egypt trims 3- and 5-yr bond sale as yields climb

CAIRO: Egypt's central bank sold half the number of reopened three- and…

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Egypt’s stock market surge unreflective of overall economy

CAIRO: Witnessing a 25 percent rise since the start of the year,…

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Security official: Armed men rob major Egypt bank

CAIRO: An Egyptian security official says gunmen have stormed the branch of…

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Euro, rich-poor gap proved key issues at Davos

DAVOS, Switzerland: Europe's crippling debt crisis dominated the world's foremost gathering of…

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Egypt vows to continue privatization deals, says minister

CAIRO: The Egyptian government won’t take any steps to end the country’s…

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