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

Egypt 182-day T-bill average yield up to 9.716 pct

CAIRO: The average yield on Egyptian 182-day Treasury bills rose a little…

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Egypt central bank cancels 91-day T-bill auction

CAIRO: Egypt's central bank cancelled an auction of 91-day treasury bills that…

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SODIC posts Q3 net profit; revenue soars

CAIRO: SODIC, Egypt's third-biggest listed developer, posted a third-quarter net profit of…

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Egypt draws up route for 4th Cairo metro line

CAIRO: Egypt has charted out the final route of a planned LE…

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Iran again delays phasing out fuel subsidy, says agency

TEHRAN: Iran will continue to provide motorists with rationed gasoline for another…

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Bulgaria opens way to start LNG talks with Qatar

By Irina Ivanova/ Reuters SOFIA: Bulgaria and Qatar have signed a confidentiality deal…

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Iraq 2011 budget proposal based on $73 oil, says official

BAGHDAD: Iraqi officials proposed a 2011 budget based on a $73-per-barrel oil…

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Iran to issue bonds worth 5 billion euros

TEHRAN: Iran will issue bonds worth some 5 billion euros ($7 billion)…

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Axiom seeking $1 bln IPO via institutional offering

DUBAI: UAE handset retailer Axiom Telecom said on Sunday it expects to…

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Orascom says legal action over Djezzy last resort

  Egypt's mobile phone company Orascom Telecom said it still hoped to…

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