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

Citadel swings to 2010 loss on writedowns

CAIRO: Egyptian private equity firm Citadel Capital swung to a net loss…

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DNE

Telecom Egypt Q1 net profit dips 10 pct; shares up

CAIRO: Landline monopoly Telecom Egypt posted a 10 percent drop in first-quarter…

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DNE

Ampal launches arbitration over Egypt gas halt

JERUSALEM: Ampal American Israel Corp has started international arbitration proceedings over the…

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DNE

Heavyweight stocks pull Egypt index lower

CAIRO: Heavyweight stocks dragged Egypt's index down 0.3 percent, but talk of…

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DNE

African Development Bank approves $500 mln Tunisia loan

TUNIS: The African Development Bank said on Monday it had approved a…

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DNE

Credit Suisse raises Orascom target price

CAIRO: Credit Suisse raised its share-price target on Orascom Construction Industries (OCI)…

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DNE

Alex Cement Q1 net profit drops 34 pct

CAIRO: Egypt's Alexandria Cement posted a 34 percent fall in consolidated net…

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DNE

Nasr City Housing to start project: paper

CAIRO: Egyptian property developer Nasr City Housing is preparing to start work…

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DNE

Egypt gets short-term relief, investors still wary

CAIRO: Billions of dollars in aid for Egypt will offer short-term relief…

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DNE

Egypt court bars some state bodies from land sales

CAIRO: A court has scrapped presidential decrees that allowed some Egyptian state…

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