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

OPEC delegates see oil price fall as welcome

LONDON: Oil's sharp slide this week is welcome because high prices may…

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DNE

Egypt’s foreign reserves fall to lowest in 4 years

CAIRO: Egypt's net foreign reserves fell to their lowest in four years…

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DNE

Cost inflation to rain on cement makers’ results

Some of the world's largest cement makers report first-quarter earnings on Thursday…

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DNE

US tour operators looking to resume tours to Egypt

CAIRO: US tour operators and Egyptian officials are hoping to convince hesitant…

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DNE

ABC Egypt to delist from stock exchange

CAIRO: The Arab Banking Corporation (ABC) Egypt has approved an optional delisting…

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DNE

NSGB Q1 net profit seen down 7 percent

CAIRO: Egyptian lender National Societe Generale Bank was expected to post a…

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DNE

Lafarge cuts cement demand forecast, Q1 profit falls

PARIS: The world's largest cement maker, Lafarge, lowered its forecast for global…

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DNE

Lecico says Q1 net profit down 54 percent

CAIRO: Egyptian ceramics company Lecico's net profit tumbled 54 percent in a…

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DNE

Middle East growth prospects undampened by turmoil: IFC

CAIRO: Political turmoil gripping Arab states that has pushed investors to step…

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DNE

Egypt pound seen under pressure to weaken

CAIRO: Reduced demand for Egypt's currency after three months of political upheaval…

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