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

BBVA bank announces big step into Turkish banking

MADRID: BBVA bank, the second-biggest Spanish bank, said on Tuesday that it…

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US extends Sudan economic sanctions for a year

WASHINGTON: US President Barack Obama is extending economic sanctions on Sudan for…

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Abu Dhabi’s Sorouh Q3 profit falls on one-off expenses

DUBAI: Abu Dhabi developer Sorouh Real Estate said on Monday project handovers…

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Ramallah’s first luxury hotel looks out on frozen conflict

RAMALLAH: The opening of Ramallah's first five-star hotel on Monday will mark…

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Syrian silk industry hanging by a fine thread

DAMASCUS: Buffeted by economic realities that have forced farmers to replace mulberry…

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Egypt consumer confidence inches up despite global dip

* Egyptians surveyed said they would spend less on new clothes, take-away…

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Al Baraka Egypt unit eyes up to $150 mln sukuk sale

KUWAIT: The Egyptian unit of Bahrain's Islamic lender Al Baraka plans to…

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Egyptian paintmaker Pachin’s profit up 17 percent

Egyptian paintmaker Pachin said on Monday that profit after taxes rose 17…

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Heliopolis Housing net jumps almost 30 pct

Egyptian property developer Heliopolis Housing's net profit for the July-September quarter jumped…

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Egypt’s 2010 tourist arrivals at 14 mln until October

The number of tourist arrivals to Egypt has reached 14 million in…

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