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

Qualcomm to open Egypt office, zeroes in on emerging markets

SAN DIEGO/CAIRO: Qualcomm, which designs, manufactures and markets digital wireless telecommunications products…

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DNE

Juhayna first-half net up 12 pct: bourse

CAIRO: Egyptian dairy product and juice maker Juhayna Food Industries Co. reported…

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DNE

Ezzsteel 2010 consolidated profit soars

CAIRO: Egyptian group Ezzsteel said 2010 consolidated net profit almost tripled, buoyed…

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DNE

Mobinil shifts focus to data services

CAIRO: Egyptian mobile firm Mobinil is switching focus from market share to…

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DNE

Egypt exchange suspends trade after index slides

CAIRO: Share trading halted on the Egyptian Exchange on Tuesday after its…

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DNE

40.9 pct of MENA professionals saving nothing from income, poll reveals

CAIRO: A poll revealed that 40.9 percent of Middle East professionals save…

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DNE

Egypt signs $550 mln Suez power station loan

CAIRO: Egypt signed a soft loan from the African Development Bank worth…

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DNE

Israel electricity prices rise over Egypt gas disruptions

JERUSALEM: Israel's finance ministry on Monday announced a 9.3 percent rise in…

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DNE

Noble wins rig contracts for Egypt, North Sea

NEW YORK: Noble Corp announced several new contracts on Monday for oil…

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DNE

Oil falls over $4 as US downgrade spurs growth concern

LONDON: Oil fell more than $4 a barrel on Monday as worries…

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DNE