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 to formally seek IMF financing, says minister

CAIRO: Egypt will formally ask the International Monetary Fund to start negotiations…

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Egypt resumes natgas supplies to Israel, says Ampal

TEL AVIV: Supplies of natural gas from Egypt to Israel, which were…

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MPs aren’t service providers, say experts, candidates

CAIRO: Electing a member of parliament to represent them is a new…

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Oil rallies, boosted by weaker dollar

LONDON: Brent crude oil futures rallied to over $109 on Friday, helped…

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Gold inches up on weaker dollar, Euro worries weigh

LONDON: Gold inched up on Friday helped by a weaker dollar and…

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Centamin Egypt announces death of CEO

CAIRO: Centamin Egypt on Thursday announced the sudden death of its chief…

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Safe-haven status puts UAE luxury car sales in high gear

DUBAI: Mother-of pearl dashboards and diamond-encrusted hood ornaments at the Dubai International…

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Egypt inclined towards IMF loan: minister

CAIRO: Egypt is strongly inclined towards accepting a previously rejected IMF loan…

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Turkey eyes new trade routes to bypass Syria violence

ISTANBUL: Turkey is weighing new transport routes to the Middle East that…

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Dubai’s MAF plans debut sukuk by end-Nov: executive

DUBAI: Shopping mall developer Majid Al Futtaim (MAF) is aiming to raise…

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