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

Egypt pound hits 6-yr low as European markets reopen

CAIRO: The Egyptian pound hit a six-year low on Monday after banks…

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Arafa says facilities reopened after unrest

CAIRO: Arafa Holding, Egypt's biggest garment exporter, said on Monday that all…

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Orascom, Wind working on Vimpelcom tie: paper

MILAN: Egypt's Orascom Telecom and Italy's Wind continue to work on a…

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GB Auto resumes operations in Egypt

CAIRO: GB Auto, Egypt's biggest listed vehicle assembler, said on Monday it…

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Alcotexa sells 7,316 tons cotton in two weeks

CAIRO: Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 7,316 tons…

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Egypt, Morocco debt insurance costs slip 17 bps: Markit

LONDON: The cost of insuring Moroccan and Egyptian sovereign debt against default…

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Egypt finances face new tests as Europe reopens

CAIRO: Egypt's finances face more tests on Monday as the government seeks…

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AlexBank says 1st day smooth, no run on cash

CAIRO: Egypt's AlexBank said on Sunday it had ended its first open…

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Fire at Egypt metering station caused gas cut to Israel: company

TEL AVIV: Gas supplies from Egypt to Israel could resume within a…

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GASC buys 170,000 T US, Australian, Argentine wheat

CAIRO: Egypt, the world's largest wheat importer, has bought 170,000 tons of…

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