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

Tax boost lifts Egypt traders; most Gulf markets dip

CAIRO/DUBAI: Egypt's index, EGX30, rose for a first session in four after…

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Egypt seals $3 bln IMF accord

CAIRO: The International Monetary Fund (IMF) agreed a $3 billion financing deal…

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Egypt sells T-bills worth 5 bln EGP, yields rise

Cairo: Egypt's central bank said it sold LE 5 billion ($841.84 million)…

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Barclays Egypt awarded for performance during revolution

CAIRO: At the Business Continuity Management Awards in London, Barclays Egypt was…

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JWT, Vodafone Egypt set record straight on controversial video

CAIRO: Advertising agency JWT Cairo asserted that a controversial video suggesting that…

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Iraq says to repay old debt of $408 million to Egypt

BAGHDAD: Iraq has agreed to pay Egypt $408 million in cash to…

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IMF says welcomes Egypt draft budget, talks ongoing

CAIRO: The IMF welcomed on Thursday the Egyptian government's draft 2011/12 budget,…

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Islamic trusts could revive Gulf property market

DUBAI: Jordanian Ashraf Hamdan began investing in Dubai's real estate market in…

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Oil falls in Asia amid US economic concern

SINGAPORE: Oil fell in Asian trade Friday, erasing early morning gains that…

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IEA urges OPEC to pump more as oil demand grows

LONDON: Global markets urgently need extra oil as refinery demand is about…

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