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

Citadel Capital says no direct offers for acquisition

CAIRO: Private equity firm Citadel Capital said it “has not received a…

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Egypt urban inflation eases to 11.8 pct y/y in May

CAIRO: Urban consumer inflation in Egypt unexpectedly eased to 11.87 percent in…

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Egypt’s market up on cancellation of capital gains tax

CAIRO: Officials at Egypt’s stock exchange welcomed Finance Minister Samir Radwan’s decision…

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African leaders to launch ‘Cape-to-Cairo’ trade bloc talks

JOHANNESBURG: African leaders meet Sunday for talks on forming the continent's biggest…

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Suez Canal May revenues up at $436.6 mln

CAIRO: Revenue from Egypt's Suez Canal rose 10.5 percent year-on-year to $436.6…

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Abraaj in talks to buy stake in Citadel : source

CAIRO: Dubai-based Abraaj Capital has held talks with Egypt's Citadel Capital with…

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ICT minister highlights sector’s potential to US delegation

CAIRO: A delegation of US business executives in Egypt comprises 24 of…

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Minister says Egypt looking for business partners more than aid

CAIRO: Egypt’s General Authority for Investment (GAFI), along with the Ministry of…

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Toshka: A new deal for Egypt

By Amira Salah-Ahmed CAIRO: Kingdom Agricultural Development Holding (KADCO), part of Saudi Prince…

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Italian energy major ENI commits $3 billion for Egypt

MILAN: Italian energy major ENI said Tuesday it would invest $3.0 billion…

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