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

Egypt says will not need IMF, World Bank funds

CAIRO: Egypt will not borrow from the World Bank and International Monetary…

DNE
DNE

Government managed to halt economic drain, says PM

CAIRO: Prime Minister Essam Sharaf said in a speech broadcast on state…

DNE
DNE

Alstom in deal to build high-speed rail in Iraq

LE BOURGET: French engineering group Alstom has signed a preliminary deal to…

DNE
DNE

Oil around $107, impact of IEA release fades

LONDON: Oil's sharp sell-off paused on Friday as the impact of a…

DNE
DNE

ANALYSIS: Egypt likely to hold off on foreign bond sale

  CAIRO: Egypt is unlikely to tap the international bond market in…

DNE
DNE

Marriott outlines plans for Egypt venues

CAIRO: Despite a 60-70 percent decrease in occupancy during this season, Marriott…

DNE
DNE

Egypt’s first GIS-enabled information portal

CAIRO: After spending over three years painstakingly mapping out the country’s streets,…

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DNE

IEA announces 60 million barrel oil stock release

PARIS: Industrialized oil consumer nations on Thursday announced the release of 60…

DNE
DNE

Gulf markets down on low buying interest; Egypt up

DUBAI/CAIRO: Lack of buying interest weighed on Gulf markets on Thursday, while…

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DNE

Cabinet approves LE 490.6 billion budget, boosts social spending

CAIRO: Egypt's Cabinet approved a budget for fiscal year 2011-2012 on Wednesday,…

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DNE