Latest Business News
Egypt, Tunisia growth to slow as deficits widen: IMF
CAIRO: Egypt’s economic growth for this fiscal year is expected to fall…
Real estate cases weigh on Egypt index
CAIRO: Egypt's main index closed down a fraction in thin trade as…
Egypt budget deficit may top 10 pct in 2011/12: Radwan
RIYADH: Egypt's budget deficit may top 10 percent of gross domestic product…
EFG-Hermes board proposes 1-for-10 bonus share issue
CAIRO: The board of Egypt's EFG-Hermes has proposed increasing capital by distributing…
Telecom Egypt approves LE 1.30 cash dividend
CAIRO: Shareholders in Telecom Egypt approved a LE 1.3 ($0.22) cash dividend…
Egypt court scraps land sale to Palm Hills
CAIRO: An Egyptian court ruled on Tuesday that a state land sale…
Post-revolution, Egypt tourism remains in disarray
SHARM EL-SHEIKH: Hotel worker Meena George rejoiced when a popular revolt…
Euro hits 16-month high above $1.46
LONDON: The euro jumped above $1.46 on Thursday for the first time…
Black Sea billet stable, Mideast absence weighs
LONDON: Black Sea region billet prices were little changed this week as…
Rocco Forte Hotels to renovate, manage Luxor property
CAIRO: Rocco Forte Hotels will help refurbish and then operate the Luxor…