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

Suez Canal revenue up to $427.3 mln in October

CAIRO: The Suez Canal, a major indicator for the state of Egypt’s…

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Hollywood actors, studios reach new contract

Hollywood actors' unions and major studios announced Sunday they had reached a…

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UAE not considering depeg from dollarm says c.banker

ABU DHABI: The United Arab Emirates is not worried about the dollar's…

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World Bank chief calls for gold to anchor forex movements

SINGAPORE: World Bank president Robert Zoellick has called on bickering G20 nations…

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Abu Dhabi: Shifting telecoms strategies

Telecommunications providers in the UAE are re-aligning their strategies and upgrading their…

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Egypt’s Palm Hills Q3 net seen down 17.5 pct

Egypt's second-biggest listed property developer Palm Hills Developments is expected to report…

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Egypt 182-day T-bill avg yield down to 9.778 pct

The average yield on Egyptian 182-day Treasury bills fell a fraction to…

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Egypt Alcotexa sells 1,487.5 T cotton in past week

Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 1,487.5 tons of…

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Sawiris skeptical on Orascom/Vimpelcom deal: paper

Egyptian billionaire Naguib Sawiris told a Norwegian newspaper that the chances of…

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Egypt’s Eipico 9-month net profit up 14 percent

Egyptian International Pharmaceutical Industries Co (Eipico) posted a 14 percent rise in…

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