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

Poor nations urged to reform to win climate funds

By Alister Doyle/Reuters OSLO: Many developing nations are missing out on a surge…

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Raya 2011 Q1 profit plunges 96 pct

CAIRO: Egypt's Raya Technology and Communication posted a 96 percent decline in…

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Nomura downgrades Air Arabia, Jazeera Airways

CAIRO: Middle East airlines will likely suffer from higher jet fuel prices,…

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Bargains tempt some wary tourists to North Africa

TUNIS/CAIRO: The tanks parked beside Tunisia's tourism ministry and the capital's main…

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Egypt reviews re-start of gas exports to Israel

CAIRO: Egypt is reviewing the timetable for resuming gas exports to Israel…

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Capital gains tax sparks ire of EGX chairman, raises concerns over tax evasion

CAIRO: Egypt’s newly proposed capital gains tax instantly sparked criticism at the…

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Egypt sets minimum wage at LE 700, sees 2.6 pct growth

CAIRO: Finance Minister Samir Radwan said Egypt has set a minimum wage…

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Oil demand worry pressures oil, dollar supports

LONDON/NEW YORK: Oil fell by as much as $1 on Wednesday, as…

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Citadel swings to 2010 loss on writedowns

CAIRO: Egyptian private equity firm Citadel Capital swung to a net loss…

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Telecom Egypt Q1 net profit dips 10 pct; shares up

CAIRO: Landline monopoly Telecom Egypt posted a 10 percent drop in first-quarter…

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