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

YEAREND SPECIAL: Trade, investment spur growth as Egyptian pound fluctuates

By Christopher Le Coq While the global economic climate was characterized by renewed…

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YEAREND SPECIAL: Egypt’s main revenue earners overcome economic hurdles

By Amr Ramadan CAIRO: While Egypt’s main revenue earners were vulnerable to external…

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OCI launches ADRs for US investors

Orascom Construction Industries (OCI), Egypt's biggest listed firm, said on Tuesday it…

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AfDB invests $1 bln in African energy projects

The African Development Bank (AfDB) Group approved over $1 billion in energy…

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Etisalat Egypt unit says it secures $1.2 bln loan

The Egyptian unit of UAE-based Etisalat signed a LE 7.2 billion ($1.24…

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Egypt’s economy to grow steadily over next 2 years

CAIRO: Egypt's economy will grow steadily over the next two years thanks…

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Abraaj Capital’s ASAS fund makes first acquisition

CAIRO: Abraaj Capital said Monday that its real estate fund, ASAS, acquired…

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IDSC launches online commodities index

CAIRO: Egypt’s Information and Decision Support Center (IDSC) launched this week an…

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Fears grow of euro-style debt crisis in US states

WASHINGTON: No sooner has the last crisis ended, than warnings about the…

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Dubai World arm cuts stake in Australia for $1.5 billion

DUBAI: DP World, the port management arm of indebted state conglomerate Dubai…

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