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

Telecom Egypt Q1 net profit dips 10 pct; shares up

CAIRO: Landline monopoly Telecom Egypt posted a 10 percent drop in first-quarter…

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Ampal launches arbitration over Egypt gas halt

JERUSALEM: Ampal American Israel Corp has started international arbitration proceedings over the…

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Heavyweight stocks pull Egypt index lower

CAIRO: Heavyweight stocks dragged Egypt's index down 0.3 percent, but talk of…

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African Development Bank approves $500 mln Tunisia loan

TUNIS: The African Development Bank said on Monday it had approved a…

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Credit Suisse raises Orascom target price

CAIRO: Credit Suisse raised its share-price target on Orascom Construction Industries (OCI)…

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Alex Cement Q1 net profit drops 34 pct

CAIRO: Egypt's Alexandria Cement posted a 34 percent fall in consolidated net…

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Nasr City Housing to start project: paper

CAIRO: Egyptian property developer Nasr City Housing is preparing to start work…

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Egypt gets short-term relief, investors still wary

CAIRO: Billions of dollars in aid for Egypt will offer short-term relief…

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Egypt court bars some state bodies from land sales

CAIRO: A court has scrapped presidential decrees that allowed some Egyptian state…

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Egypt cbank to offer LE 8 in repos Tuesday

CAIRO: Egypt's central bank said it will offer LE 8 billion ($1.345…

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