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

Denmark to give Egypt $15 mln in aid, Maersk to invest $25 mln

CAIRO: Denmark has allocated 100 million krona ($15.4 million) in aid to…

DNE
DNE

ANALYSIS: Arab spring likely to leave oil firms unscathed

LONDON: Western oil firms are unlikely to face widespread asset seizures or…

DNE
DNE

Banks lift Abu Dhabi to 23-week high, Qatar down

DUBAI: Abu Dhabi bank stocks rose on Thursday on improving outlooks for…

DNE
DNE

Islamic Development Bank to loan Egypt $2.5 billion

CAIRO: The Islamic Development Bank said on Wednesday it will grant Egypt…

DNE
DNE

Real estate drags Egypt’s index down, regional markets mixed

DUBAI/CAIRO: Real estate stocks dragged Egypt’s main index down 0.9 percent after…

DNE
DNE

Egypt analysts question timing of short selling, trading tools

CAIRO: With the Egyptian Stock Exchange planning to introduce short selling and…

DNE
DNE

Saudi, US debated oil reserve swap before OPEC: sources

WASHINGTON/LONDON: It was to be a swap felt around the world —…

DNE
DNE

UN alarm at north Sudan bombardment

KHARTOUM: UN officials expressed alarm on Wednesday after Sudan stepped up air…

AFP
AFP

EFG-Hermes says Q1 profit nearly wiped out

CAIRO: EFG-Hermes, Egypt's biggest investment bank, said first-quarter net profit slumped 93…

DNE
DNE

Tourist visits to Egypt falls 36 pct in April

CAIRO: The number of tourists visiting Egypt in April fell 35.7 percent…

DNE
DNE