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

HC raises Egypt’s GB Auto to neutral

CAIRO: A recovery in Egypt's passenger car market will benefit GB Auto…

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DNE

Kuwait Energy strikes 2 oil discoveries in Egypt

KUWAIT: Kuwait Energy Company said it struck two new oil discoveries in…

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DNE

MAF Properties has ‘significant’ expansion plans in Egypt

CAIRO: Majid Al Futtaim Properties, which develops ‎shopping malls, hotels and ‎mixed…

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DNE

Teradata brings latest in data compression to Egyptian companies

ALEXANDRIA: Teradata Corporation, the world’s largest data warehousing company, held the first…

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DNE

US business delegation eyes investments in post-Mubarak Egypt

CAIRO: “Egypt is here, we are here, and we are not afraid…

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DNE

Oil below $115 on demand worries

LONDON: Brent crude slipped below $115 a barrel on Monday as concern…

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DNE

EIPICO posts 5.7 pct increase in Q1 profit

CAIRO: Egyptian drug maker EIPICO's first quarter consolidated net profit rose 5.7…

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DNE

Valuation of Orascom Tel Algeria unit stalled: sources

ALGIERS: The Algerian government's valuation of Orascom Telecom's local mobile phone unit…

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DNE

Orascom Development Q1 profit tumbles

CAIRO: Real estate and hotels firm Orascom Development reported a slump in…

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DNE

Egypt central bank to offer LE 6 bln in repos Tuesday

CAIRO: Egypt's central bank said it will offer LE 6 billion ($1.001…

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DNE