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, Iraq sales lift GB Auto’s Q3 net profit

Egypt's GB Auto said on Monday its third-quarter net profit rose 11.4…

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Palm Hills Q3 sales jump, boosting net profit

Palm Hills Developments' (PHD) posted a 53 percent jump in third quarter…

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Orascom Telecom not revising Vimpelcom sale plan

Egypt's Orascom Telecom is not revising its $6.6 billion plan to sell…

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Publishers to get 70 pct of sales on Kindle device

Amazon.com Inc. said Monday it will start paying publishers more when they…

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Dubai’s Drake & Scull details acquisition strategy

DUBAI: Dubai contractor Drake & Scull International is prepared to take on…

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Zain shareholder threatens lawsuit over stake sale

KUWAIT: A shareholder of Kuwait's Zain said on Tuesday it was suing…

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Yemen finances improved, currency to stabilize, says IMF official

DUBAI: An International Monetary Fund official has praised Yemen, under U.S. pressure…

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Qatar: New rules for Islamic banking

New regulations for Islamic banking in Qatar released by the Central Bank…

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Cisco, Xceed expand customer support in Egypt

Cisco and Xceed expanded on their 18 months of cooperation by enhancing…

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Egypt opens AVEX 2010

Egyptian President Hosni Mubarak opened on Nov. 7 the fourth edition of…

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