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

Kuwait Energy sells 20 pct of Burg El-Arab concession

Kuwait Energy Company sold its 20 percent participation interest from its contractor's…

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Investors bullish on Egypt pound in 2011: note

The Egyptian pound will probably turn positive in early 2011 as political…

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Asia steering world economy in 2011

By Elaine Kurtenbach/ AP SHANGHAI: The prolonged weakness in the US and Europe…

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Afghan government approves gold mine deal

KABUL: Despite the crackle of gunfire in the mountains of northern Afghanistan,…

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Asian automakers accelerate competition in Egypt

CAIRO: Major Asian automakers, including Toyota, Mitsubishi as well as Hyundai and…

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Egypt gas deal overshadows Israel Tamar project

TEL AVIV: Subsidiaries of conglomerate Israel Corp are to buy Egyptian natural…

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Rice production withers as Egypt diverts vital water supply

KAFR EL-SHEIKH: In Kafr El-Sheikh, rice farmers once looked forward to harvest…

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EFG Hermes eyes infrastructure investment

EFG Hermes, a regional investment bank, is co-sponsoring the PPP Investment Summit…

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Egypt’s growth seen at 7 pct next year: minister

Egypt's finance minister said on Monday he expected the economy to grow…

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CIB, OT lead Egypt index gains

Egypt's main index gained 0.3 percent, led by heavyweight Commercial International Bank…

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