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

Artist Emin unveils new BA ‘dove’ planes

By AFP Artist Tracey Emin unveiled Tuesday the first of nine British…

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Foreign, local pressures boost Saudi rates

By Andrew Torchia / Reuters DUBAI: Saudi Arabia's market interest rates are climbing…

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Sudan calls off launch of $1 billion sugar plant

By Ulf Laessing / Reuters KHARTOUM: Sudan has shelved the launch of a…

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Huge mandate for planned new Islamic bank

By Bernardo Vizcaino / Reuters DUBAI: Gulf institutions plan to spur development of…

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Parliament, gov’t reach settlement over IMF loan, says report

By Reem Abdellatif CAIRO: After much debate over the $3.2 billion International Monetary…

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Tanker with Syrian oil passes through Suez Canal

By Reuters CAIRO: The M.T. Tour, a tanker identified by the United…

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Dubai’s Drydocks World edges closer to restructuring approval

By David French / Reuters DUBAI: Drydocks World, which is testing a form…

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Tighter spreads to drive sukuk issuance: HSBC

By Bernardo Vizcaino / Reuters DUBAI: Issuance of Islamic bonds will be stimulated…

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Egypt investors shift to longer-term debt: analysts

By Tom Pfeiffer and Patrick Werr / Reuters CAIRO: Growing local appetite for…

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SODIC sees no impact from ruling against ex-chairman

By Dina Zayed / Reuters CAIRO: Egypt's SODIC, the country's third-biggest listed developer,…

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