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

Here comes the sun (and wind) energy

By Amira Salah-Ahmed CAIRO: “The potential of solar energy in Egypt is virtually…

DNE
DNE

Credit Agricole Egypt Q1 net drops 46 pct

CAIRO: Credit Agricole Egypt said on Wednesday its consolidated first-quarter net profit…

DNE
DNE

Egypt’s OCI Q1 profit rises, upbeat on demand

CAIRO: Egypt's Orascom Construction (OCI) reported a 77 percent jump in first-quarter…

DNE
DNE

Egypt has 4 months wheat stocks, GASC says

CAIRO: Egypt, the world's biggest wheat importer, said on Wednesday it had…

DNE
DNE

Jordan agrees to new price for Egypt gas: paper

CAIRO: Jordan has agreed to a new price for the gas that…

DNE
DNE

Switzerland to return all frozen assets if proven illegal, says delegation

CAIRO: Switzerland will return 100 percent of assets obtained by members of…

DNE
DNE

Microsoft nears $8.5 bln Skype buy in web shift

NEW YORK: Microsoft is close to buying internet telephony network Skype in…

DNE
DNE

TUI Travel posts fresh losses on Egypt, Tunisia unrest

LONDON: TUI Travel suffered a net loss of £254 million (€290 million,…

DNE
DNE

AlembicHC raises Egypt’s Sidi Kerir price target

BANGALORE: AlembicHC raised its share-price target on Egypt's Sidi Kerir Petrochemicals Co…

DNE
DNE

Egypt inflation jumps to a year high on food prices

CAIRO: Urban consumer inflation in Egypt accelerated to 12.1 percent in April,…

DNE
DNE