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

EU bans new investment in Syrian oil

BRUSSELS: European Union governments banned European firms from making new investments in…

DNE
DNE

Mohamed Omran named new head of Egypt’s stock exchange

CAIRO: Egypt appointed a new chairman for its stock exchange Wednesday, with…

DNE
DNE

Social unrest, oil prices pressure MENA economies: IMF

WASHINGTON: The International Monetary Fund said Tuesday that social unrest and oil…

DNE
DNE

Orascom Telecom dips after Algeria comment

CAIRO: Shares in Egypt's Orascom Telecom as much as 3.9 percent in…

DNE
DNE

Algeria says has not yet received Djezzy valuation

CAIRO: Algeria's telecom ministry has not received a valuation of Orascom Telecom's…

DNE
DNE

Gulf states in renewed push for rail projects

ABU DHABI: Qatar, Saudi Arabia and the United Arab Emirates are pushing…

DNE
DNE

Oil trims gains after IMF forecast

LONDON: Oil trimmed gains in choppy trading on Tuesday as the gloomy…

DNE
DNE

S. Korean builder wins $3.5 bln order from Egypt

SEOUL: South Korea's SK Engineering and Construction said Tuesday it has teamed…

DNE
DNE

Orascom Development opens first hotel in Oman

CAIRO: Real estate and hotels firm Orascom Development opened its first hotel…

DNE
DNE

OCI unit wins $552 mln Saudi stadium deal: source

CAIRO: A unit of Egypt's Orascom Construction Industries (OCI) won a 2.07…

DNE
DNE