Latest Business News
Slammed over land deals, HSBC says transactions legit
CAIRO: HSBC came under scrutiny this week for the role it played…
Amer Group, PHD to return Matrouh land
CAIRO: Marsa Matrouh governor accepted a proposal from Amer Group and Palm…
Rooms filling up at Egypt’s hotels, Cairo still slow
CAIRO: After seeing occupancy rates plummet during and after the January 25…
Brent oil dips below $124 as dollar rises
LONDON: Brent crude oil dipped below $124 a barrel on Tuesday as…
Misr Beni Suef gets approval for capital increase
CAIRO: Shareholders of Egypt's Misr Beni Suef Cement approved a LE 5…
Arafa net jumps 68 pct in year
CAIRO: Arafa Holding, Egypt's biggest garment exporter, said on Monday that consolidated…
Dana Gas makes fifth gas discovery in Egypt
DUBAI: Dana Gas, the Gulf's only listed natural gas company, said on…
Egypt dips in thin trade, Palm Hills down
CAIRO: Egypt's main index closed lower in thin trade, with political and…
Egypt sees 2011/12 budget deficit at 9.4 pct of GDP
CAIRO: Egypt's state budget deficit, bloated after political turmoil rocked the economy,…
Bisco Misr has ‘sweet’ plans for Egypt
CAIRO: Visiting the headquarters of Bisco Misr in Cairo is a bit…