Latest Business News
Cabinet approves LE 490.6 billion budget, boosts social spending
CAIRO: Egypt's Cabinet approved a budget for fiscal year 2011-2012 on Wednesday,…
Debate over foreign loans intensifies in Egypt
CAIRO: Even though news about Egypt rejecting a loan from the World…
Oil retreats on caution ahead of Fed meeting
LONDON: Oil fell on Wednesday, with investors cautious ahead of a US…
Lecico’s bonus issue will increase shares to 80 mln
CAIRO: Lecico Egypt’s will distribute a 33.33 percent bonus issue on July…
Egypt index down 1 pct, Dubai falls after MSCI delay
DUBAI/CAIRO: Egypt’s index fell 1 percent on Wednesday as concern that stock…
Citadel starts talks on possible buy-out
CAIRO: Egyptian private equity firm Citadel Capital said on Wednesday it was…
Egypt, India plan $160 mln PET plant in Ain Sokhna
CAIRO: A joint Indian-Egyptian venture will see the construction of a polyethylene…
Wadi solutions stem effects of climate change, pests on crops
CAIRO: For Wadi Group, it all started with an olive tree in…
Egypt’s index ends down 0.9 percent
DUBAI/CAIRO: Egypt's index ended down 0.9 percent, a day after it reached…
High oil prices threaten to derail growth: IEA
SINGAPORE: High crude prices may derail growth in China and India, the…