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

Damac to take Egypt to international court

CAIRO: Damac Properties rejected on Wednesday an Egyptian court ruling, which annulled…

DNE DNE

Here comes the sun (and wind) energy

By Amira Salah-Ahmed CAIRO: “The potential of solar energy in Egypt is virtually…

DNE DNE

Credit Agricole Egypt Q1 net drops 46 pct

CAIRO: Credit Agricole Egypt said on Wednesday its consolidated first-quarter net profit…

DNE DNE

Egypt’s OCI Q1 profit rises, upbeat on demand

CAIRO: Egypt's Orascom Construction (OCI) reported a 77 percent jump in first-quarter…

DNE DNE

Egypt has 4 months wheat stocks, GASC says

CAIRO: Egypt, the world's biggest wheat importer, said on Wednesday it had…

DNE DNE

Jordan agrees to new price for Egypt gas: paper

CAIRO: Jordan has agreed to a new price for the gas that…

DNE DNE

Switzerland to return all frozen assets if proven illegal, says delegation

CAIRO: Switzerland will return 100 percent of assets obtained by members of…

DNE DNE

Microsoft nears $8.5 bln Skype buy in web shift

NEW YORK: Microsoft is close to buying internet telephony network Skype in…

DNE DNE

TUI Travel posts fresh losses on Egypt, Tunisia unrest

LONDON: TUI Travel suffered a net loss of £254 million (€290 million,…

DNE DNE

AlembicHC raises Egypt’s Sidi Kerir price target

BANGALORE: AlembicHC raised its share-price target on Egypt's Sidi Kerir Petrochemicals Co…

DNE DNE