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 says no IMF agreement until June

By Reuters CAIRO: Egyptian Planning Minister Faiza Abu El-Naga said on Monday…

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Oil prices drift lower in muted trade

By AFP LONDON: World oil prices sank on Monday, continuing the previous…

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Europe firewall boost throws spotlight on IMF

By Tamim Elyan / Reuters COPENHAGEN: With a decision to expand its anti-crisis…

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Egypt to offer LE 3.5 bln in bonds

By Mohamed Samir / Reuters CAIRO: Egypt's Ministry of Finance will offer LE…

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‘Low-carbon economy’ presents early escape from darker future

By Amir Makar CAIRO: A future of water scarcity, flooding, and desertification, especially…

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Egypt sells 3- 7- and 10-year bonds worth LE 4 bln

By Reuters CAIRO: Egypt's central bank sold three-year, seven-year and ten-year bonds…

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Profits drop 34 pct at Egyptian cable firm Sewedy

By Tamim Elyan / Reuters CAIRO: Egypt's El Sewedy Electric, the Arab world's…

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Egypt’s Alcotexa sells 275 T cotton in past week

By Mohamed Samir / Reuters CAIRO: Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed…

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UK fund launches groundbreaking equity sukuk

By Bernardo Vizcaino / Reuters DUBAI: London-based Ethical Asset Management has launched what…

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ANALYSIS: Saudi summer oil burn should decline this year

By Daniel Fineren and Reem Shamseddine / Reuters DUBAI/KHOBAR: Saudi Arabia is likely…

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