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

Arafa to own 59 pct of shirt-making company

  Arafa Holding will set up a new shirt-making company in which…

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Abu Dhabi firm plans $10 bln spend to boost oil output

ABU DHABI: Abu Dhabi Marine Operating Company (ADMA-OPCO), majority-owned by Abu Dhabi's…

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Saudi’s Naimi shifts up to $70-$90 price range

SINGAPORE: Top oil exporter Saudi Arabia on Monday shifted upwards from a…

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Spending in next Qatar budget to match 2010/11

DOHA: Qatari government spending in the next financial year will at least…

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BBVA bank announces big step into Turkish banking

MADRID: BBVA bank, the second-biggest Spanish bank, said on Tuesday that it…

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US extends Sudan economic sanctions for a year

WASHINGTON: US President Barack Obama is extending economic sanctions on Sudan for…

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Abu Dhabi’s Sorouh Q3 profit falls on one-off expenses

DUBAI: Abu Dhabi developer Sorouh Real Estate said on Monday project handovers…

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Ramallah’s first luxury hotel looks out on frozen conflict

RAMALLAH: The opening of Ramallah's first five-star hotel on Monday will mark…

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Syrian silk industry hanging by a fine thread

DAMASCUS: Buffeted by economic realities that have forced farmers to replace mulberry…

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Egypt consumer confidence inches up despite global dip

* Egyptians surveyed said they would spend less on new clothes, take-away…

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