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

CI Capital, CIB to partner with China Development Bank

CAIRO: Investment bank CI Capital and Commercial International Bank will develop a…

DNE
DNE

Oil falls below $120 on economic, demand concerns

LONDON: Brent crude oil futures fell below $120 on Tuesday for the…

DNE
DNE

Saudi plans $7 bln Egypt housing project: agency

CAIRO: A Saudi developer offered to invest up to $7 billion to…

DNE
DNE

EFG-Hermes board member Cararah resigns

CAIRO: Egypt's EFG-Hermes board member and head of brokerage Sherif Cararah has…

DNE
DNE

Egypt central bank accepts repos worth LE 8.36 bln

CAIRO: Egypt's central bank accepted LE 8.36 billion ($1.4 billion) in seven-day…

DNE
DNE

OT posts Q4 net loss of $178.8 mln

CAIRO: Egypt's Orascom Telecom (OT) posted a 2010 fourth quarter net loss…

DNE
DNE

Egypt’s index gains; real estate up

CAIRO: Egypt's main index closed higher on Tuesday as investors regained interest…

DNE
DNE

ICRC evacuates 618 migrants from Misrata

GENEVA: The International Committee of the Red Cross said it has helped…

AFP
AFP

OPEC: No shortage of crude oil in market

CAIRO: OPEC is worried about the recent surge in global oil prices…

DNE
DNE

Egypt stocks extend decline amid corruption probe

CAIRO: Egypt's benchmark stock index tumbled over 3 percent on Monday, pulling…

DNE
DNE