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

EFG-Hermes says Q2 net profit LE 79 mln

CAIRO: EFG-Hermes, Egypt's biggest investment bank, said on Sunday its net profit…

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DNE

Industrial, small business projects on the rise in Alexandria

CAIRO: With a strategic location in the Mediterranean, Alexandria is seen as…

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DNE

US debt remains investor safe haven despite S&P downgrade

PARIS: US Treasury bonds remain a hot ticket for investors looking for…

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DNE

Suez Cement launches alternative fuel systems

CAIRO: In collaboration with the Egyptian Environmental Affairs Agency (EEAA,) Suez Cement…

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DNE

Egypt reduces size of T-bill sale: ministry

CAIRO: Egypt's Ministry of Finance said the central bank sold LE 3.325…

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DNE

BofA talks to Gulf funds to cut $17 bln CCB stake: sources

HONG KONG/DUBAI: Bank of America Corp has held exploratory talks with the…

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DNE

Iranian gas flow to Turkey halted by blast

ANKARA: Iranian gas flow to Turkey has been halted due to an…

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DNE

40 years on from gold standard, bugs crow

By Jan Harvey/ Reuters LONDON: Gold, and only gold, will be our…

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DNE

Morocco cancels telecom stake sale for 2nd time

RABAT: The Moroccan government on Friday cancelled for the second time in…

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DNE

HPCL says paying Iran, expects 2 oil cargoes in Sept

NEW DELHI: Indian refiner HPCL said it hopes crude deliveries from Iran…

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DNE