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

OPEC leaves oil quotas unchanged, seeing economic ‘risks’

QUITO: OPEC decided to leave production quotas unchanged in a meeting in…

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Egypt fears for vital tourism industry after shark attacks

SHARM EL-SHEIKH: Egyptian authorities were Thursday racing to contain potential fallout from…

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OPEC differ on need for more oil supply

LONDON: Two of the world's most influential oil forecasters gave contrasting outlooks…

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Entrepreneur Profile: Ahmed Hindawi pioneering open access publishing

CAIRO: Ahmed Hindawi is an entrepreneur who, besides consistently growing his business,…

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Egypt struggles to spur bond trading

CAIRO: Egypt's attempts to lower borrowing costs and spur economic growth are…

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SODIC approves 5-for-1 stock split

CAIRO: Egyptian real estate firm SODIC's board approved a five-for-one stock split…

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Centamin raises 86 mln stg in placing, shares drop

Centamin Egypt said it raised about LE 86 million in a share…

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Orascom Devt to launch tender for OHD minorities

Property developer Orascom Development (ODH) will launch a public tender offer to…

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Debt refinancing crucial for Weather deal: Altimo

Russia's Altimo sees Vimpelcom's $6.6 billion deal for Weather closing "in the…

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Gasoline, naphtha tight on refinery shutdowns

DUBAI: Supply tightness kept gasoline and naphtha premiums firm in the Middle…

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