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

IFC plans $35 mln in loans for Indian-Egyptian JV factory

CAIRO: The International Finance Corporation, a member of the World Bank Group,…

DNE DNE

Citadel Capital says no direct offers for acquisition

CAIRO: Private equity firm Citadel Capital said it “has not received a…

DNE DNE

Egypt urban inflation eases to 11.8 pct y/y in May

CAIRO: Urban consumer inflation in Egypt unexpectedly eased to 11.87 percent in…

DNE DNE

Egypt’s market up on cancellation of capital gains tax

CAIRO: Officials at Egypt’s stock exchange welcomed Finance Minister Samir Radwan’s decision…

DNE DNE

African leaders to launch ‘Cape-to-Cairo’ trade bloc talks

JOHANNESBURG: African leaders meet Sunday for talks on forming the continent's biggest…

DNE DNE

Suez Canal May revenues up at $436.6 mln

CAIRO: Revenue from Egypt's Suez Canal rose 10.5 percent year-on-year to $436.6…

DNE DNE

Abraaj in talks to buy stake in Citadel : source

CAIRO: Dubai-based Abraaj Capital has held talks with Egypt's Citadel Capital with…

DNE DNE

ICT minister highlights sector’s potential to US delegation

CAIRO: A delegation of US business executives in Egypt comprises 24 of…

DNE DNE

Minister says Egypt looking for business partners more than aid

CAIRO: Egypt’s General Authority for Investment (GAFI), along with the Ministry of…

DNE DNE

Toshka: A new deal for Egypt

By Amira Salah-Ahmed CAIRO: Kingdom Agricultural Development Holding (KADCO), part of Saudi Prince…

DNE DNE