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

Oil dips on euro zone woe, slow global growth

LONDON: Oil dipped on Thursday as investors tried to lock in profit…

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Citibank Egypt named ‘best internet bank’

CAIRO: Global Finance magazine named Citibank the Best Corporate/Institutional Internet Bank in…

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DNE

Pioneers Q2 net profit jumps

CAIRO: Egyptian investment bank Pioneers Holding made a net profit of LE…

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DNE

Egypt exchange suspends Mobinil trading

CAIRO: The Egyptian Exchange suspended trading in Mobinil shares at the start…

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DNE

Johnson Controls finds Egypt partners as base for Africa expansion

CAIRO: Johnson Controls Inc., with a regional bureau in Dubai, has partnered…

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DNE

OIC members vow to donate $350 million to Somalia

ISTANBUL: Members of the Organization of Islamic Cooperation, at an emergency meeting…

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Melrose cuts FY production outlook; eyeing asset buys

BANGALORE: Melrose Resources cut its full-year production forecast for the second time…

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Mideast economy hoping for Ramadan rebound

DUBAI: Businesses in the Middle East are betting that Ramadan, the high-grossing…

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DNE

Nomura cuts price target on Telecom

CAIRO: Nomura cut its price target on landline monopoly Telecom Egypt Co…

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DNE

OCI wins power station deal worth $181 mln

CAIRO: Egypt's Orascom Construction (OCI) was awarded a project worth $181 million…

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