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’s EGX30 posts biggest single day gain in over a year

CAIRO: Egypt's benchmark index, EGX30, snapped a four-day losing streak and closed…

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DNE

Oil nears $106 amid unrest, strong demand

Oil prices moved up closer to $106 a barrel Friday as political…

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DNE

Alcatel upbeat on Europe, sees risk in MidEast

PARIS: Telecom gear maker Alcatel-Lucent is taking market share from rivals in…

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DNE

Trade ministers studies trade ties, boosting SME with officials

CAIRO: Minister of Industry and Foreign Trade Samir Al-Sayyad met this week…

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DNE

Invest AD asset mgt arm buying Egyptian stocks

LONDON: Abu Dhabi-owned Invest AD's asset management arm has been buying Egyptian…

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DNE

Mideast unrest to hit Morocco bourse IPOs: CEO

LONDON: Protests sweeping the Middle East and North Africa may have diminished…

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DNE

AlembicHC cuts target on Air Arabia

CAIRO: AlembicHC cut its share-price target on Air Arabia and forecast a…

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DNE

Egypt pound trades at weakest in more than 6 years

CAIRO: The Egyptian pound slid on Thursday to its lowest level since…

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DNE

CFAs see negative or flat growth for Egypt, Bahrain equities

CAIRO: Egyptian and Bahraini equities have the least optimistic outlook in the…

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DNE

Egypt’s broad index ends green as stakeholders rally to support market

CAIRO: Egypt’s broad EGX 100 index closed up 0.86 percent, gaining 813…

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DNE