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

Rising foreign investment fuels EU vetting debate

BRUSSELS: A wave of overseas acquisitions of European assets has triggered a…

DNE
DNE

TUI Germany says Tunisia, Egypt summer volumes drop

BERLIN: TUI Germany said summer bookings to Tunisia and Egypt have dropped…

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DNE

Egypt wants to raise price of gas to Jordan

AMMAN: Egypt, which cut gas supplies to Jordan and Israel after saboteurs…

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DNE

Credit Agricole Egypt 2010 net climbs 13.3 pct

CAIRO: Credit Agricole Egypt posted a 13.3 percent increase in 2010 net…

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DNE

New rules could make oil even more volatile

LONDON: The oil industry is bracing itself for new regulation, welcoming moves…

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DNE

OCI outlook positive after 76 pct profit rise

CAIRO: Orascom Construction Industries (OCI), Egypt's largest listed firm, posted a 76.1…

DNE
DNE

Vimpelcom hits back at Telenor’s criticism of Wind

MOSCOW/LONDON: Russian telecoms group Vimpelcom has rebuffed Norwegian shareholder Telenor's criticism of…

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DNE

Eni business plan clouded by Africa unrest

MILAN: North African unrest is fuelling uncertainty about Eni's strategy and production…

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DNE

Egypt’s foreign reserves plunge $1.7 bln in Feb

CAIRO: Egypt's net foreign reserves plunged by $1.69 billion in February, their…

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DNE

Arab Cotton Ginning July-Dec profit jumps

CAIRO: Egyptian textiles firm Arab Cotton Ginning's 2010 July-December net profit jumped…

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DNE