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

Palm Hills approves 1-for-10 bonus share

CAIRO: Shareholders of Palm Hills Developments, Egypt's second-biggest listed developer, approved a…

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North Africa and Mideast turmoil dents air travel

GENEVA: Unrest in North Africa and the Middle East dampened growth in…

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Lecico plans one-for-three bonus share issue

CAIRO: Egyptian ceramics company Lecico will issue one new share for every…

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EFG-Hermes Q4 net tumbles 62.2 pct

CAIRO: EFG-Hermes, Egypt's biggest investment bank, said on Wednesday fourth-quarter net profit…

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Pyramids deserted as tourists still avoid Egypt

  CAIRO: Tourists are staying away from Egypt two months after the…

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In new Egypt and Tunisia, some buyers return

LONDON: Stock markets in Egypt and Tunisia are starting to lure back…

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Higher deficit forecast brings subsidies into focus

CAIRO: Minister of Finance Samir Radwan raised the forecast for Egypt’s budget…

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Citi ‘bullish’ on Egypt as market ends positive week

CAIRO: While Egypt's benchmark EGX 30 index ended the week in the…

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Paper mill to fill supply gap in Egypt’s packaging production

CAIRO: El Motaheda S.A.E. is building a new paper mill that aims…

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New world order in banking: Rise of the SAAAME bloc

Western banks, burdened by the twin problem of the global financial crisis…

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