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

CI Capital cuts Ezz Dekheila Steel

CAIRO: CI Capital downgraded Ezz Al-Dekheila Steel-Alexandria to "hold," saying unrest throughout…

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Suez Cement declares LE 3.9 dividend

CAIRO: Suez Cement, Egypt's largest listed cement maker by market value, is…

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Moody’s downgrades Egypt ratings

CAIRO: Moody's Investor's Service pushed Egypt's sovereign bond rating deeper into junk…

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Survey highlights gaping discrepancies in regional salaries

CAIRO: According to a recent survey, 52 percent of respondents in the…

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Egypt central bank says will let pound respond to demand

CAIRO: Egypt's central bank said it was prepared to allow the Egyptian…

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EU plans to adopt Egypt asset freezes next week

BRUSSELS: The European Union plans to adopt sanctions against former Egyptian officials…

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Egypt’s airline sector lost $170 million in unrest

CAIRO: Egypt's civil aviation minister says the country's airline industry has lost…

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Egypt resumes gas supply to Jordan

AMMAN: Egypt resumed gas supplies to Jordan on Tuesday after they were…

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IEA warns of oil price shock on global economy

LONDON: High oil prices are beginning to cripple the global economic recovery…

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Flydubai sets new Sohag route, replacing Assiut

CAIRO: UAE-based low-cost airline flydubai announced new twice weekly service between Dubai…

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