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 pound trades near six-year low after protests

CAIRO: The Egyptian pound moved within reach of a six-year low after…

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DNE

Red-letter day for ailing photo pioneer?

By Ben Dobbin/ AP Innovation turned Eastman Kodak Co. into one of the…

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DNE

Gulf markets eye Greek vote, Egypt seen lower

DUBAI/CAIRO: Gulf fund managers, who had adopted defensive positions ahead of the…

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DNE

Ethiopia plans power exports to neighbors

ADDIS ABABA: Ethiopia plans to sell power to Sudan, Yemen, Kenya and…

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DNE

Gap to open its first stores in Africa

CAIRO: Clothing retailer Gap Inc will enter Africa this year, as part…

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DNE

Arabtec Egypt wins contract for Emaar project: paper

CAIRO: Arabtec Egypt for Construction has won a LE 220 million ($36.9…

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DNE

Olympic Group denies Ideal deal was undervalued

CAIRO: Olympic Group denied on Wednesday allegations that its 1997 purchase of…

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Egypt, US companies partner on $3.5 bln petrochemical project

WASHINGTON DC: Amid heightened optimism about Egypt’s economic prospects at the “Egypt:…

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DNE

Ethiopia to make ‘power hub’ with 4 new Nile dams

ADDIS ABABA: Ethiopia plans to become an African power hub by building…

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DNE

Economic stability needed for democratization to succeed in Egypt: US official

By Brett Borkan CAIRO: The United States sees Egypt’s economic recovery as critical…

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