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

EIPICO posts 5.7 pct increase in Q1 profit

CAIRO: Egyptian drug maker EIPICO's first quarter consolidated net profit rose 5.7…

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DNE

Valuation of Orascom Tel Algeria unit stalled: sources

ALGIERS: The Algerian government's valuation of Orascom Telecom's local mobile phone unit…

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DNE

Orascom Development Q1 profit tumbles

CAIRO: Real estate and hotels firm Orascom Development reported a slump in…

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DNE

Egypt central bank to offer LE 6 bln in repos Tuesday

CAIRO: Egypt's central bank said it will offer LE 6 billion ($1.001…

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DNE

Egypt cabinet body denies SODIC land withdrawn

By Sarah Mikhail/Reuters CAIRO: Egypt's government on Monday denied a newspaper report that…

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DNE

Egypt’s market up on cancellation of capital gains tax

CAIRO: Officials at Egypt’s stock exchange welcomed Finance Minister Samir Radwan’s decision…

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DNE

African growth set to slow to 3.7 percent: study

LISBON: Growth in African countries will to slow to 3.7 percent this…

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DNE

Egypt says to start repaying IMF funds in 3-1/4 yrs

CAIRO: Egypt will begin repaying IMF financing worth $3 billion in 3-1/4…

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DNE

Palestinian authority to issue $50 mln sukuk

ABU DHABI: The Palestine Monetary Authority hopes to issue to banks its…

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DNE

Egypt producer prices up 20.6 pct in year to April

CAIRO: Egypt's producer price index rose 20.61 percent in the 12 months…

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