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

Big Three ratings agencies face competition

PARIS: The Big Three credit rating agencies, under fire for failing to…

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Egypt 10-day deposits average yield at 8.274 pct

CAIRO: The weighted average yield at a 10-day deposit auction was 8.274…

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Egypt 182-day T-bill average yield up to 9.716 pct

CAIRO: The average yield on Egyptian 182-day Treasury bills rose a little…

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Egypt central bank cancels 91-day T-bill auction

CAIRO: Egypt's central bank cancelled an auction of 91-day treasury bills that…

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SODIC posts Q3 net profit; revenue soars

CAIRO: SODIC, Egypt's third-biggest listed developer, posted a third-quarter net profit of…

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Egypt draws up route for 4th Cairo metro line

CAIRO: Egypt has charted out the final route of a planned LE…

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Iran again delays phasing out fuel subsidy, says agency

TEHRAN: Iran will continue to provide motorists with rationed gasoline for another…

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Bulgaria opens way to start LNG talks with Qatar

By Irina Ivanova/ Reuters SOFIA: Bulgaria and Qatar have signed a confidentiality deal…

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Iraq 2011 budget proposal based on $73 oil, says official

BAGHDAD: Iraqi officials proposed a 2011 budget based on a $73-per-barrel oil…

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Iran to issue bonds worth 5 billion euros

TEHRAN: Iran will issue bonds worth some 5 billion euros ($7 billion)…

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