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

Orascom Dev nine-month revenue dips, net profit gains

Real estate and hotels firm Orascom Development posted a 9 percent drop…

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Egypt buys 66,500 tons of rice from local market

Egypt's General Authority for Supply Commodities (GASC) said on Monday it had…

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Lecico Q3 net profit rises 5 pct

Ceramics maker Lecico Egypt posted a 5 percent increase in third-quarter net…

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Egypt central bank did not intervene to back pound

CAIRO: The central bank did not intervene last week to help the…

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One-off boosts Orascom Tel profit, Algeria subs fall

CAIRO: Egypt's Orascom Telecom, which may tie up with Russia's Vimpelcom to…

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Suez Canal revenue up to $427.3 mln in October

CAIRO: The Suez Canal, a major indicator for the state of Egypt’s…

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Hollywood actors, studios reach new contract

Hollywood actors' unions and major studios announced Sunday they had reached a…

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UAE not considering depeg from dollarm says c.banker

ABU DHABI: The United Arab Emirates is not worried about the dollar's…

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World Bank chief calls for gold to anchor forex movements

SINGAPORE: World Bank president Robert Zoellick has called on bickering G20 nations…

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Abu Dhabi: Shifting telecoms strategies

Telecommunications providers in the UAE are re-aligning their strategies and upgrading their…

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