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

Spillover of global economic turmoil further stress on Egypt, says economist

CAIRO: The European sovereign and banking crises as well as the American…

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DNE

OCI Q3 net up 24 pct, matching consensus

CAIRO: Egypt's Orascom Construction (OCI) said on Monday its net income for…

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DNE

EIPICO says 9-month net profit up 0.5 pct

CAIRO: Egyptian drug maker EIPICO's 2011 nine month net profit rose 0.5…

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DNE

Olympic says 9-month net loss LE 248.7 mln

CAIRO: Egypt's Olympic Group said on Monday it had a net loss…

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DNE

Actis closes $434 mln deal in South Africa, eyes Egypt

CAIRO: Actis, a pan-emerging markets private equity fund, led a consortium in…

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DNE

UAE’s Al Futtaim eyes $1.3 bln for Qatar, Egypt plans

DUBAI: Al Futtaim Group, a UAE-based conglomerate, is planning to raise around…

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DNE

Hungary seeks IMF help; Egypt CDS, FX hit by turmoil

LONDON: The Hungarian forint skidded more than 1 percent against the euro…

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DNE

Stocks tumble on Cairo unrest

CAIRO: Egypt's benchmark stock index tumbled more than 2 percent on Sunday…

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DNE

T-bills rise to 3-yr high, auction trimmed

CAIRO: Egypt's central bank reduced the size of its treasury bill auction…

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DNE

Egypt to formally seek IMF financing, says minister

CAIRO: Egypt will formally ask the International Monetary Fund to start negotiations…

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DNE