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

Nazif says $10 bln UAE investments volume in Egypt

Prime Minister Ahmed Nazif said that the volume of UAE investments in…

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Telecom growth slows as market gets saturated: HC

Growth in Egypt’s telecommunications industry may be limited next year and beyond…

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TransGlobe says to exceed targeted exit rate for 2010

TransGlobe Energy Corp said it would exceed the targeted exit rate of…

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Kuwait Energy sells 20 pct of Burg El-Arab concession

Kuwait Energy Company sold its 20 percent participation interest from its contractor's…

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Investors bullish on Egypt pound in 2011: note

The Egyptian pound will probably turn positive in early 2011 as political…

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Asia steering world economy in 2011

By Elaine Kurtenbach/ AP SHANGHAI: The prolonged weakness in the US and Europe…

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Afghan government approves gold mine deal

KABUL: Despite the crackle of gunfire in the mountains of northern Afghanistan,…

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Asian automakers accelerate competition in Egypt

CAIRO: Major Asian automakers, including Toyota, Mitsubishi as well as Hyundai and…

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Egypt gas deal overshadows Israel Tamar project

TEL AVIV: Subsidiaries of conglomerate Israel Corp are to buy Egyptian natural…

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Rice production withers as Egypt diverts vital water supply

KAFR EL-SHEIKH: In Kafr El-Sheikh, rice farmers once looked forward to harvest…

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