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

Global slowdown, high prices squeeze oil demand: IEA

LONDON: World oil demand will be lower than expected this year and…

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OPIC approves $150 mln in financing for Egypt’s Citadel

CAIRO: The Overseas Private Investment Corporation (OPIC), the US government’s development finance…

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Egypt urban inflation slows to 7.1 pct in October

CAIRO: Egypt's urban consumer inflation slowed to 7.1 percent on an annual…

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Regulator looks deeper into Swiss bank dictator assets

ZURICH: Swiss financial regulator FINMA has identified control problems at four banks…

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Cashing in on Egypt’s black cloud

By Maha El Dahan CAIRO: After the rice harvest each autumn, Egyptians take…

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European Commission allocates 22 mln euros for SMEs in rural Egypt

CAIRO: The European Commission approved Tuesday a program worth €22 million to…

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NSGB 9-month net profit climbs 9 pct

CAIRO: Egypt's National Societe Generale Bank (NSGB) said on Wednesday net income…

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Flush with cash, DNO eyes Mideast growth

OSLO: Norwegian group DNO is cash-strong and ready to pursue acquisitions while…

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Arab turmoil drags down profits at Austria’s OMV

VIENNA: Turmoil in Libya and Yemen ate into earnings at oil and…

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Abu Dhabi’s ADIB eyes Islamic bond; plans investor meetings

DUBAI: Abu Dhabi Islamic Bank will hold investor meetings for a potential…

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