Latest Business News
Egypt sees apparent surge in May imports
CAIRO: While the total value of Egypt’s imports shot up by LE…
ASEC signs contracts for three cement plants
CAIRO: ASEC Engineering, a portfolio company of ASEC Holding, signed three five-year…
July inflation slows to 3-mth low on housing costs
DUBAI: Inflation in the United Arab Emirates eased to a three-month low…
EFG-Hermes says Q2 net profit LE 79 mln
CAIRO: EFG-Hermes, Egypt's biggest investment bank, said on Sunday its net profit…
Industrial, small business projects on the rise in Alexandria
CAIRO: With a strategic location in the Mediterranean, Alexandria is seen as…
US debt remains investor safe haven despite S&P downgrade
PARIS: US Treasury bonds remain a hot ticket for investors looking for…
Suez Cement launches alternative fuel systems
CAIRO: In collaboration with the Egyptian Environmental Affairs Agency (EEAA,) Suez Cement…
Egypt reduces size of T-bill sale: ministry
CAIRO: Egypt's Ministry of Finance said the central bank sold LE 3.325…
BofA talks to Gulf funds to cut $17 bln CCB stake: sources
HONG KONG/DUBAI: Bank of America Corp has held exploratory talks with the…
Iranian gas flow to Turkey halted by blast
ANKARA: Iranian gas flow to Turkey has been halted due to an…