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

Kuwait Energy strikes 2 oil discoveries in Egypt

KUWAIT: Kuwait Energy Company said it struck two new oil discoveries in…

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MAF Properties has ‘significant’ expansion plans in Egypt

CAIRO: Majid Al Futtaim Properties, which develops ‎shopping malls, hotels and ‎mixed…

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Teradata brings latest in data compression to Egyptian companies

ALEXANDRIA: Teradata Corporation, the world’s largest data warehousing company, held the first…

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US business delegation eyes investments in post-Mubarak Egypt

CAIRO: “Egypt is here, we are here, and we are not afraid…

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Oil below $115 on demand worries

LONDON: Brent crude slipped below $115 a barrel on Monday as concern…

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EIPICO posts 5.7 pct increase in Q1 profit

CAIRO: Egyptian drug maker EIPICO's first quarter consolidated net profit rose 5.7…

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Valuation of Orascom Tel Algeria unit stalled: sources

ALGIERS: The Algerian government's valuation of Orascom Telecom's local mobile phone unit…

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Orascom Development Q1 profit tumbles

CAIRO: Real estate and hotels firm Orascom Development reported a slump in…

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Egypt central bank to offer LE 6 bln in repos Tuesday

CAIRO: Egypt's central bank said it will offer LE 6 billion ($1.001…

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Egypt cabinet body denies SODIC land withdrawn

By Sarah Mikhail/Reuters CAIRO: Egypt's government on Monday denied a newspaper report that…

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