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

GM to assemble China-made autos in Egypt

SHANGHAI: SAIC-GM-Wuling, a General Motors Co. joint venture, plans to assemble autos…

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DNE

Talaat Mostafa land contract valid: Egypt court

CAIRO: Developer Talaat Mostafa Group's land contract for its Madinaty project is…

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DNE

Protests weigh on Egypt’s stock market, pound at six-year low

CAIRO: Egypt’s stock market lost LE 12 billion of its total market…

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DNE

Egypt bourse down 4 pct after deadly clashes

CAIRO: Egypt's stock exchange tumbled 4.04 percent on closing on Monday, as…

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DNE

Spillover of global economic turmoil further stress on Egypt, says economist

CAIRO: The European sovereign and banking crises as well as the American…

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DNE

OCI Q3 net up 24 pct, matching consensus

CAIRO: Egypt's Orascom Construction (OCI) said on Monday its net income for…

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DNE

EIPICO says 9-month net profit up 0.5 pct

CAIRO: Egyptian drug maker EIPICO's 2011 nine month net profit rose 0.5…

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DNE

Olympic says 9-month net loss LE 248.7 mln

CAIRO: Egypt's Olympic Group said on Monday it had a net loss…

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DNE

Actis closes $434 mln deal in South Africa, eyes Egypt

CAIRO: Actis, a pan-emerging markets private equity fund, led a consortium in…

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DNE

UAE’s Al Futtaim eyes $1.3 bln for Qatar, Egypt plans

DUBAI: Al Futtaim Group, a UAE-based conglomerate, is planning to raise around…

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DNE