Latest Business News
Middle East government priorities: fiscal policy
Recent events in the Middle East have led to a range of…
A new chance in Egypt for Islamic finance
DUBAI/CAIRO: Covered head-to-toe in a black abaya embroidered with red and yellow…
Safeguarding the banking sector: Lessons learned from fallout
As a response to the fallout caused by the financial crisis in…
Egypt’s central bank extends grace period for retail loans
The Central Bank of Egypt (CBE) will allow local banks to extend…
Egypt, Tunisia growth to slow as deficits widen: IMF
CAIRO: Egypt’s economic growth for this fiscal year is expected to fall…
Real estate cases weigh on Egypt index
CAIRO: Egypt's main index closed down a fraction in thin trade as…
Egypt budget deficit may top 10 pct in 2011/12: Radwan
RIYADH: Egypt's budget deficit may top 10 percent of gross domestic product…
EFG-Hermes board proposes 1-for-10 bonus share issue
CAIRO: The board of Egypt's EFG-Hermes has proposed increasing capital by distributing…
Telecom Egypt approves LE 1.30 cash dividend
CAIRO: Shareholders in Telecom Egypt approved a LE 1.3 ($0.22) cash dividend…
Egypt court scraps land sale to Palm Hills
CAIRO: An Egyptian court ruled on Tuesday that a state land sale…