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 still working on secondary bond market: Fin Min

CAIRO: Egypt is working to develop its secondary market for government securities,…

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Egypt allocates 50 mln sqm for industrial investments

CAIRO: Egypt’s Industrial Development Authority (IDA) will provide 50 million square meters…

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Amer starts private placement: adviser

Egyptian real estate firm Amer Group started its private placement for shares…

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MCIT to invest in Abraaj’s RED fund

Egypt’s Ministry of Communications and Information Technology (MCIT), through its newly established…

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Egypt, Iraq sales lift GB Auto’s Q3 net profit

Egypt's GB Auto said on Monday its third-quarter net profit rose 11.4…

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Palm Hills Q3 sales jump, boosting net profit

Palm Hills Developments' (PHD) posted a 53 percent jump in third quarter…

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Orascom Telecom not revising Vimpelcom sale plan

Egypt's Orascom Telecom is not revising its $6.6 billion plan to sell…

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Publishers to get 70 pct of sales on Kindle device

Amazon.com Inc. said Monday it will start paying publishers more when they…

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Dubai’s Drake & Scull details acquisition strategy

DUBAI: Dubai contractor Drake & Scull International is prepared to take on…

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Zain shareholder threatens lawsuit over stake sale

KUWAIT: A shareholder of Kuwait's Zain said on Tuesday it was suing…

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