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

Egypt USD T-bill offer pushes up eurobond yields

CAIRO: Egypt's decision to issue more dollar-denominated treasury bills helped drive yields…

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DNE

ExxonMobil offers scholarship for MENA students

CAIRO: Five Egyptian students were among the 23 selected by ExxonMobil for…

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DNE

EU to start trade talks with Egypt, Jordan, Morocco, Tunisia

BRUSSELS: European Union governments agreed on Wednesday to start trade talks with…

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DNE

Holiday season looking gloomy for Egypt’s tourism sector

  CAIRO: As Christmas and New Year’s time approaches, hotels in the…

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DNE

Arafa nine-month net profit halves

CAIRO: Arafa Holding, Egypt's biggest garment exporter, posted a 50 percent fall…

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DNE

OPEC oil deal puts Saudi back in charge

VIENNA: OPEC oil producers on Wednesday sealed their first new production limit…

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DNE

Gold hovers near two-month lows as euro struggles

LONDON: Gold steadied on Wednesday, after having neared two-month lows the day…

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DNE

Saudi sukuk may serve monetary policy goals

DUBAI: A proposed Islamic bond issue by Saudi Arabia is important not…

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DNE

Volumes, foreign limits may deny UAE, Qatar MSCI upgrade

DUBAI: Low market liquidity in the United Arab Emirates and Qatar's failure…

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DNE

Coca-Cola buys stake in Saudi beverage co for $980 mln

DUBAI: The world's largest soft-drink maker Coca-Cola Co acquired about half of…

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