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

US sees Egypt’s gov’t as stable despite protests

WASHINGTON: The United States expressed confidence in Egypt's government on Tuesday and…

AP
AP

Current oil price would eliminate Iraq deficit

BAGHDAD: Iraq's budget deficit for 2011, now expected to reach $13.6 billion,…

DNE
DNE

Saudi Arabia boosts term crude sales to China as oil use surges

BEIJING/SINGAPORE: Saudi Arabia will boost contract crude sales by 10 percent to…

DNE
DNE

Egypt’s main index drops 6 pct, pound reaches 6-year low

CAIRO: Egypt’s benchmark EGX 30 index dropped more than 6 percent Wednesday,…

DNE
DNE

More PPP models in Mideast healthcare sector, says report

CAIRO: Public-private partnerships are increasingly emerging as a model for financing and…

DNE
DNE

Compass Capital acquires pharmaceutical company for $40 mln

CAIRO: Investment firm Compass Capital has acquired 10th of Ramadan for Pharmaceutical…

DNE
DNE

Egypt expects to up energy subsidies, maintain food subsidies

CAIRO: Atef Malash, head of the finance ministry's state budget sector, announced…

DNE
DNE

Drake & Scull wins $126 mln tourism deal in Egypt

Drake & Scull International, the Dubai-based engineering contractor, won a 465 million…

DNE
DNE

PwC sees mid-single digit growth in yr to end-June

Global accounting firm PricewaterhouseCoopers expects mid-single digit percentage growth this financial year…

DNE
DNE

Surging c/a deficit makes Turkey more vulnerable

ISTANBUL: Turkey's surging current account deficit makes the country more vulnerable to…

DNE
DNE