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

Yahoo eyes Mideast’s ‘exciting’ markets

CAIRO: Yahoo’s Chief Executive Officer Carol Bartz sees huge opportunity in the…

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Egypt central bank accepts repos worth LE 6 bln

CAIRO: Egypt's central bank accepted LE 6 billion ($1.01 billion) in seven-day…

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DNE

HC raises Egypt’s GB Auto to neutral

CAIRO: A recovery in Egypt's passenger car market will benefit GB Auto…

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Kuwait Energy strikes 2 oil discoveries in Egypt

KUWAIT: Kuwait Energy Company said it struck two new oil discoveries in…

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MAF Properties has ‘significant’ expansion plans in Egypt

CAIRO: Majid Al Futtaim Properties, which develops ‎shopping malls, hotels and ‎mixed…

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Teradata brings latest in data compression to Egyptian companies

ALEXANDRIA: Teradata Corporation, the world’s largest data warehousing company, held the first…

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DNE

US business delegation eyes investments in post-Mubarak Egypt

CAIRO: “Egypt is here, we are here, and we are not afraid…

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Oil below $115 on demand worries

LONDON: Brent crude slipped below $115 a barrel on Monday as concern…

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EIPICO posts 5.7 pct increase in Q1 profit

CAIRO: Egyptian drug maker EIPICO's first quarter consolidated net profit rose 5.7…

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Valuation of Orascom Tel Algeria unit stalled: sources

ALGIERS: The Algerian government's valuation of Orascom Telecom's local mobile phone unit…

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