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

Abu Dhabi firm plans $10 bln spend to boost oil output

ABU DHABI: Abu Dhabi Marine Operating Company (ADMA-OPCO), majority-owned by Abu Dhabi's…

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Saudi’s Naimi shifts up to $70-$90 price range

SINGAPORE: Top oil exporter Saudi Arabia on Monday shifted upwards from a…

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Spending in next Qatar budget to match 2010/11

DOHA: Qatari government spending in the next financial year will at least…

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BBVA bank announces big step into Turkish banking

MADRID: BBVA bank, the second-biggest Spanish bank, said on Tuesday that it…

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US extends Sudan economic sanctions for a year

WASHINGTON: US President Barack Obama is extending economic sanctions on Sudan for…

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Abu Dhabi’s Sorouh Q3 profit falls on one-off expenses

DUBAI: Abu Dhabi developer Sorouh Real Estate said on Monday project handovers…

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Ramallah’s first luxury hotel looks out on frozen conflict

RAMALLAH: The opening of Ramallah's first five-star hotel on Monday will mark…

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Syrian silk industry hanging by a fine thread

DAMASCUS: Buffeted by economic realities that have forced farmers to replace mulberry…

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Egypt consumer confidence inches up despite global dip

* Egyptians surveyed said they would spend less on new clothes, take-away…

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Al Baraka Egypt unit eyes up to $150 mln sukuk sale

KUWAIT: The Egyptian unit of Bahrain's Islamic lender Al Baraka plans to…

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