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

Tourism to Egypt down 46 percent in first quarter

CAIRO: The number of tourists visiting Egypt slumped 46 percent in the…

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Egypt says Saudis agree to $4 bln in assistance

CAIRO: Saudi Arabia has agreed to provide cash-strapped Egypt with about $4…

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Cabinet forms committee to settle investment deals

CAIRO: Prime Minister Essam Sharaf ordered the formation of a committee of…

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EBRD agrees to start process for N.Africa expansion

ASTANA: The European Bank for Reconstruction and Development agreed on Saturday to…

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Europe development bank eyes Arab expansion

ASTANA: The European Bank for Reconstruction and Development (EBRD), which for two…

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Egypt cement maker sees rapid sector expansion

CAIRO: Egypt's cement sector will shake off a property crisis and expand…

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Egypt seeks capital injection

To help offset a rising budget deficit — amid falling foreign investment…

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Egypt foresees $31 bln deficit in next fiscal year

CAIRO: Egypt's budget deficit could hit LE 185 billion pounds ($31 billion)…

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Greek investors eyeing Egypt

CAIRO: A hopeful Spyros Kouvelis, Greece’s deputy foreign minister, said Thursday that…

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Oil steady after surprise US crude stocks drop

LONDON: Oil prices were little changed on Thursday, holding on to gains…

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