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

Post-revolution, Egypt tourism remains in disarray

  SHARM EL-SHEIKH: Hotel worker Meena George rejoiced when a popular revolt…

DNE
DNE

Euro hits 16-month high above $1.46

LONDON: The euro jumped above $1.46 on Thursday for the first time…

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DNE

Black Sea billet stable, Mideast absence weighs

LONDON: Black Sea region billet prices were little changed this week as…

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DNE

Rocco Forte Hotels to renovate, manage Luxor property

CAIRO: Rocco Forte Hotels will help refurbish and then operate the Luxor…

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DNE

S. Africa’s Rob Davies on the importance of BRIC

CAIRO: South Africa joined the BRIC summit in China in April as…

DNE
DNE

Oil slips on US jobless claims, demand concerns

LONDON: Oil prices reversed gains on Thursday after a smaller-than-expected decline in…

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DNE

Markets seen consolidating; Egypt eyes Mobinil

DUBAI/CAIRO: Trading in Gulf Arab markets appears immune at times from turmoil…

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DNE

Egypt economy to surpass Saudi Arabia by 2050, HSBC predicts

CAIRO: Egypt’s economy will be the largest market in the Middle East…

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DNE

EFG Hermes closes VimpelCom-Wind Telecom deal

CAIRO: Regional investment bank EFG Hermes has closed the VimpelCom-Wind Telecom deal,…

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DNE

Radwan says economy shrank 7 pct in Q3: paper

CAIRO: Egypt's economy contracted by an estimated 7 percent in the January-to-March…

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DNE