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

IFC fund invests in Bahrain’s Ahli United Bank

CAIRO: The International Finance Corporation’s (IFC) Capitalization Fund will support expansion plans…

DNE
DNE

Egypt’s Amer says scrapping Porto Marina expansion

CAIRO: Egyptian real estate company Amer Group said on Wednesday it was…

DNE
DNE

CI Capital, CIB to partner with China Development Bank

CAIRO: Investment bank CI Capital and Commercial International Bank will develop a…

DNE
DNE

Oil falls below $120 on economic, demand concerns

LONDON: Brent crude oil futures fell below $120 on Tuesday for the…

DNE
DNE

Saudi plans $7 bln Egypt housing project: agency

CAIRO: A Saudi developer offered to invest up to $7 billion to…

DNE
DNE

EFG-Hermes board member Cararah resigns

CAIRO: Egypt's EFG-Hermes board member and head of brokerage Sherif Cararah has…

DNE
DNE

Egypt central bank accepts repos worth LE 8.36 bln

CAIRO: Egypt's central bank accepted LE 8.36 billion ($1.4 billion) in seven-day…

DNE
DNE

OT posts Q4 net loss of $178.8 mln

CAIRO: Egypt's Orascom Telecom (OT) posted a 2010 fourth quarter net loss…

DNE
DNE

Egypt’s index gains; real estate up

CAIRO: Egypt's main index closed higher on Tuesday as investors regained interest…

DNE
DNE

ICRC evacuates 618 migrants from Misrata

GENEVA: The International Committee of the Red Cross said it has helped…

AFP
AFP