Latest Business News
Egypt pound near 5.75 vs USD after volatile month
Egypt's pound appears to be settling around 5.75 to the dollar after…
Orascom Construction Q3 net profit up 22 pct
Orascom Construction Industries (OCI), Egypt's largest listed company, reported on Tuesday a…
Blue-chips drag Egypt lower, Orascoms weigh
CAIRO: Index heavyweight Orascom Construction and other blue-chips dragged Egypt's benchmark…
Court upholds ruling annulling Madinaty land contract
CAIRO: A court upheld a ruling on Tuesday that invalidates the sale…
EHC signs $298 mln loan for chemical complex
CAIRO: Egypt Hydrocarbon Corporation (EHC), a petrochemical firm, signed a deal for…
Qtel acquires Orascom Telecom’s shares in Tunisiana
CAIRO: A Qatar Telecom (Qtel) consortium has acquired Orascom Telecom Holding’s (OT)…
Inmarsat launches new satellite mobile in Egypt
CAIRO: Mobile Satellite Company (Inmarsat) launched the first global handheld, IsatPhone Pro,…
HSBC Bank Egypt launches Visa Platinum Debit Cards
HSBC Bank Egypt launched its Visa Platinum Debit Card to its Premier…