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 Saudis agree to $4 bln in assistance

CAIRO: Saudi Arabia has agreed to provide cash-strapped Egypt with about $4…

DNE
DNE

Cabinet forms committee to settle investment deals

CAIRO: Prime Minister Essam Sharaf ordered the formation of a committee of…

DNE
DNE

EBRD agrees to start process for N.Africa expansion

ASTANA: The European Bank for Reconstruction and Development agreed on Saturday to…

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DNE

Europe development bank eyes Arab expansion

ASTANA: The European Bank for Reconstruction and Development (EBRD), which for two…

DNE
DNE

Egypt cement maker sees rapid sector expansion

CAIRO: Egypt's cement sector will shake off a property crisis and expand…

DNE
DNE

Egypt seeks capital injection

To help offset a rising budget deficit — amid falling foreign investment…

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DNE

Egypt foresees $31 bln deficit in next fiscal year

CAIRO: Egypt's budget deficit could hit LE 185 billion pounds ($31 billion)…

DNE
DNE

Greek investors eyeing Egypt

CAIRO: A hopeful Spyros Kouvelis, Greece’s deputy foreign minister, said Thursday that…

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DNE

Oil steady after surprise US crude stocks drop

LONDON: Oil prices were little changed on Thursday, holding on to gains…

DNE
DNE

Orascom results boost Egypt index

CAIRO: Egypt's main index rose 1.2 percent, boosted by heavyweight Orascom Telecom…

DNE
DNE