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

Telecom Egypt 2010 net profit up 8 percent

CAIRO: Landline monopoly Telecom Egypt reported an 8 percent rise in 2010…

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Rising foreign investment fuels EU vetting debate

BRUSSELS: A wave of overseas acquisitions of European assets has triggered a…

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TUI Germany says Tunisia, Egypt summer volumes drop

BERLIN: TUI Germany said summer bookings to Tunisia and Egypt have dropped…

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Egypt wants to raise price of gas to Jordan

AMMAN: Egypt, which cut gas supplies to Jordan and Israel after saboteurs…

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Credit Agricole Egypt 2010 net climbs 13.3 pct

CAIRO: Credit Agricole Egypt posted a 13.3 percent increase in 2010 net…

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New rules could make oil even more volatile

LONDON: The oil industry is bracing itself for new regulation, welcoming moves…

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OCI outlook positive after 76 pct profit rise

CAIRO: Orascom Construction Industries (OCI), Egypt's largest listed firm, posted a 76.1…

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Vimpelcom hits back at Telenor’s criticism of Wind

MOSCOW/LONDON: Russian telecoms group Vimpelcom has rebuffed Norwegian shareholder Telenor's criticism of…

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Eni business plan clouded by Africa unrest

MILAN: North African unrest is fuelling uncertainty about Eni's strategy and production…

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Egypt’s foreign reserves plunge $1.7 bln in Feb

CAIRO: Egypt's net foreign reserves plunged by $1.69 billion in February, their…

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