Latest Business News
Markets shaky as global worries weigh
DUBAI: Middle East equity markets are braced for another rocky week, with…
Samih Sawiris to settle case with LE 20 mln fine
CAIRO: Egypt’s financial regulator accepted a settlement whereby Samih Sawiris, chairman of…
EFG Hermes closes Olympic Group, Electrolux deal
CAIRO: Investment bank EFG Hermes closed the sale of Egyptian white-goods manufacturer…
French business sees $200 bln Libyan opportunity
PARIS: Rebuilding Libya could be worth at least $200 billion over 10…
Pachin full-year profit down 14 percent
CAIRO: Egyptian paintmaker Pachin's reported a 14 percent drop in net profit…
Higher production, oil prices boost Circle Oil profit
CAIRO: Circle Oil's first-half profit rose by four times, driven mainly by…
Egypt ranks 94 in global competitiveness, falling 13 spots
CAIRO: Egypt slid to number 94 in the 2011-12 Global Competitiveness Report,…
Egypt market inches up; OT leads
CAIRO: Egypt's main index inched higher, buoyed by gains in Orascom Telecom…
Egypt economy growth modest, ongoing unrest hurts
CAIRO: Egypt's economy grew by a slower-than-expected 1.8 percent in the financial…