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

CIB says net profit climbs 15 pct in 2010

CAIRO: Commercial International Bank (CIB), Egypt's biggest private bank, said on Wednesday…

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Vimpelcom CEO hopeful on Sawiris deal, Algeria

MOSCOW: Vimpelcom sees a high chance that its deal to buy the…

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Goldman says fears severe oil market shortages

LONDON: Goldman Sachs said on Thursday oil markets were driven by fears…

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Egypt refers Palm Hills chairman to court

CAIRO: Egypt's public prosecutor referred on Thursday the chairman and chief executive…

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Lack of tourists hurts shops in famed Cairo bazaar

  CAIRO: Shops catering to tourists in the Egyptian capital's famed Khan…

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EBRD could lend to Egypt: chief

LONDON: The European Bank for Reconstruction and Development said Wednesday it was…

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Airlines set for losses as Mideast unrest hits

DUBAI: Airlines operating flights to the Middle East and North Africa could…

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Lecico unaudited net profit drops 14 pct in 2010, seeks bonus issue

CAIRO: Egyptian ceramics maker Lecico said its unaudited consolidated net profit dropped…

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Egypt bourse to stay shut until Tuesday: agency

CAIRO: Egypt's stock exchange, closed since Jan. 27 because of an uprising…

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IMF to set new indicators to track global recovery

CAIRO: While generally the global growth has resumed, it is uneven across…

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