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

Algeria says has not yet received Djezzy valuation

CAIRO: Algeria's telecom ministry has not received a valuation of Orascom Telecom's…

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Gulf states in renewed push for rail projects

ABU DHABI: Qatar, Saudi Arabia and the United Arab Emirates are pushing…

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Oil trims gains after IMF forecast

LONDON: Oil trimmed gains in choppy trading on Tuesday as the gloomy…

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S. Korean builder wins $3.5 bln order from Egypt

SEOUL: South Korea's SK Engineering and Construction said Tuesday it has teamed…

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Orascom Development opens first hotel in Oman

CAIRO: Real estate and hotels firm Orascom Development opened its first hotel…

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OCI unit wins $552 mln Saudi stadium deal: source

CAIRO: A unit of Egypt's Orascom Construction Industries (OCI) won a 2.07…

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Egypt bought 2.6 mln T of local wheat in 2011

CAIRO: Egypt bought 2.6 million tons of wheat from local producers in…

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FIHC tenders for edible oils: trade

CAIRO: Egypt's state-owned Food Industries Holding Company (FIHC) has issued an international…

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Czech Pegas to open unit in Egypt

PRAGUE: Czech synthetic textiles maker Pegas Nonwovens struck a deal with a…

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Orascom lifts Egypt; Gulf down on euro debt woes

CAIRO/DUBAI: Egypt's Orascom Telecom (OT) surged on Monday on a report of…

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