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 GASC buys 180,000 T US, Argentine soft wheat

Egypt, the world's largest wheat importer, has bought 180,000 tons of soft…

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APICORP redirects investments into oil and gas sectors in MENA region

The Arab Petroleum Investments Corporation (APICORP), a multilateral development bank owned by…

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Local banking sector looks to build on 2010’s momentum

CAIRO: Analysts are largely unanimous in their assessment that 2010 was solid…

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Fuel consumption falls in Iran after subsidy cut

TEHRAN: Fuel consumption has fallen by a fifth since the government began…

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Mideast banks, funds seek to tap women’s wealth

DUBAI: Emirati housewife Sarah Alzarouni brushed past a group of women clad…

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UAE passes law paving way for sovereign bond issue

ABU DHABI: The United Arab Emirate's top advisory council passed a new…

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Egypt index breaks 7,000 points; Orascoms up

Blue-chips including Orascom Construction lead Egypt's main index to its highest close…

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Arab Banking Corp buys stake in MeditBank

Libya-based Mediterranean Bank said on Tuesday it had sold a 49 percent…

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Egypt reopens LE 4 bln of bonds

Egypt's finance ministry will offer three-year, five-year and 10-year bonds worth LE…

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Apicorp sells Egypt firm stake to Indian group

The Arab Petroleum Investments Corp (Apicorp) said on Tuesday it sold its…

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