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

Oil market witnesses record price gap

LONDON: A cocktail of factors, including ample US crude stockpiles, unrest in…

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Kingdom Holding eyes $350 mln Egypt investment: paper

CAIRO: Saudi firm Kingdom Holding is considering investing $350 million in an…

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Egyptian tech start-ups seek US venture capital, partners

CAIRO: A select group of Egypt’s technology start-ups will kick-off a US…

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Egypt mulls forex, loan guarantees for PPP plans

CAIRO: Egypt is studying sovereign guarantees and measures to mitigate currency risk…

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Denmark to give Egypt $15 mln in aid, Maersk to invest $25 mln

CAIRO: Denmark has allocated 100 million krona ($15.4 million) in aid to…

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ANALYSIS: Arab spring likely to leave oil firms unscathed

LONDON: Western oil firms are unlikely to face widespread asset seizures or…

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Banks lift Abu Dhabi to 23-week high, Qatar down

DUBAI: Abu Dhabi bank stocks rose on Thursday on improving outlooks for…

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Islamic Development Bank to loan Egypt $2.5 billion

CAIRO: The Islamic Development Bank said on Wednesday it will grant Egypt…

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Real estate drags Egypt’s index down, regional markets mixed

DUBAI/CAIRO: Real estate stocks dragged Egypt’s main index down 0.9 percent after…

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Egypt analysts question timing of short selling, trading tools

CAIRO: With the Egyptian Stock Exchange planning to introduce short selling and…

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