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

Orascom Construction Q3 net profit up 22 pct

Orascom Construction Industries (OCI), Egypt's largest listed company, reported on Tuesday a…

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Blue-chips drag Egypt lower, Orascoms weigh

  CAIRO: Index heavyweight Orascom Construction and other blue-chips dragged Egypt's benchmark…

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Court upholds ruling annulling Madinaty land contract

CAIRO: A court upheld a ruling on Tuesday that invalidates the sale…

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EHC signs $298 mln loan for chemical complex

CAIRO: Egypt Hydrocarbon Corporation (EHC), a petrochemical firm, signed a deal for…

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Qtel acquires Orascom Telecom’s shares in Tunisiana

CAIRO: A Qatar Telecom (Qtel) consortium has acquired Orascom Telecom Holding’s (OT)…

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Inmarsat launches new satellite mobile in Egypt

CAIRO: Mobile Satellite Company (Inmarsat) launched the first global handheld, IsatPhone Pro,…

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Qatar’s acquisition spree

There was plenty of grist for the rumor mill this past week,…

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HSBC Bank Egypt launches Visa Platinum Debit Cards

HSBC Bank Egypt launched its Visa Platinum Debit Card to its Premier…

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Regional gold demand sees rise

Demand for gold in the GCC and Egypt saw a 16 percent…

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Egypt’s environmental investments hit $1.25 bln

Egypt’s Minister of State for Environmental Affairs Maged George said that environmental…

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