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

Arabtec Egypt wins contract for Emaar project: paper

CAIRO: Arabtec Egypt for Construction has won a LE 220 million ($36.9…

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Olympic Group denies Ideal deal was undervalued

CAIRO: Olympic Group denied on Wednesday allegations that its 1997 purchase of…

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Egypt, US companies partner on $3.5 bln petrochemical project

WASHINGTON DC: Amid heightened optimism about Egypt’s economic prospects at the “Egypt:…

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Ethiopia to make ‘power hub’ with 4 new Nile dams

ADDIS ABABA: Ethiopia plans to become an African power hub by building…

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Economic stability needed for democratization to succeed in Egypt: US official

By Brett Borkan CAIRO: The United States sees Egypt’s economic recovery as critical…

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Egypt subsidies hinder World Bank’s social safety net programs

CAIRO: The World Bank’s Social Safety Net (SSN) programs, which are aimed…

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Transfers ready but full-fledged mobile banking to take longer in Egypt

CAIRO: Egypt’s mobile phone subscriptions topped 74 million in April, an increase…

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HSBC Egypt is here to ‘stay and grow,’ says CEO

HSBC Egypt is moving forward with expansion plans for next year, opening…

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Egypt at lowest since mid-May after clashes

CAIRO: Egypt's benchmark index fell 2 percent, its biggest decline since May…

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Google fears web crackdown after Arab uprisings

DUBLIN: Google chairman Eric Schmidt on Monday warned that the ongoing Arab…

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