Latest Business News
Economic woes weigh on Egypt, CIB dips
CAIRO: Egyptian shares dipped for a second day on economic worries, with…
Egypt mobile phone Jan subscriptions up over 28 pct
CAIRO: The number of mobile phone subscriptions in Egypt grew to 71.5…
Danone Egypt to launch milk farm in 2011
CAIRO: Danone Egypt, which has been producing yogurt in the market since…
Egypt central bank accepts repos worth LE 6 bln
CAIRO: Egypt's central bank accepted LE 6 billion ($1.01 billion) in seven-day…
Oil dips, but holds near 2-1/2 year high
LONDON: Oil prices fell on Tuesday but held near 2-1/2 year highs,…
Minister says no ‘fiscal space’ to increase spending on needy sectors, but ‘not impossible’
CAIRO: Minister of Finance Samir Radwan said that there is no “fiscal…
OHC maintains construction and delivery dates for new phase ‘Haram Life’
CAIRO: Building on the success of their flagship project in Egypt…
Egypt sees deficit of 9.5 pct of GDP in 2011/12
CAIRO: Egypt's finance minister said on Monday he expected Egypt's budget deficit…
Egypt cbank to offer 6 bln EGP in repos Tuesday
CAIRO: Egypt's central bank said it will offer LE 6 billion ($1.0…
Egypt’s GB Auto to launch car loan venture
CAIRO: GB Auto, Egypt's biggest listed automobile assembler, said on Sunday it…