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

Majid Al Futtaim eyes $500 mln Egypt loan: sources

By David French and Michelle Meineke / Reuters DUBAI/LONDON: Dubai-based developer Majid Al…

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Egypt says deficit not to exceed LE 144 bln

By Reuters CAIRO: Egypt's finance minister denied a report published on Monday that…

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US urges support for economic reform in Egypt

By Louis Charbonneau and Michelle Nichols / Reuters UNITED NATIONS: US Secretary of…

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Egypt raises budget deficit estimate ahead of loan talks

By Reuters CAIRO: Egypt has raised its budget deficit forecast for this…

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Oil slips under $125 on growth concerns

By Christopher Johnson / Reuters LONDON: Oil prices fell on Monday, snapping four…

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Egypt’s Alcotexa sells 4,133 T cotton in past week

By Mohamed Samir / Reuters CAIRO: Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed…

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SAP invests, aims for Middle East growth

By Matt Smith / Reuters DUBAI: German software developer SAP plans to invest…

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Egypt T-bill auction a success as demand picks up

By Tom Pfeiffer / Reuters CAIRO: Egypt's central bank sold more treasury bills…

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Egypt’s Palm Hills falls into loss, revenues plunge

By Yasmine Saleh / Reuters CAIRO: Egypt's second-biggest listed property developer, Palm Hills,…

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Egypt faces economic dangers, yet has unexploited opportunities, say economists

By Amir Makar CAIRO: Bad management in the face of chronic woes and…

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