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

Abu Dhabi’s IPIC prices $2.5 bln bond

DUBAI: Abu Dhabi-owned International Petroleum Investment Co (IPIC) priced a dual-tranche dollar…

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DNE

Kharafi says Etisalat bid Zain stake is serious

KUWAIT: A major shareholder of Kuwait's Zain defended Etisalat's $12 billion offer…

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DNE

Dana Gas Q3 profit $8.9 mln as costs fall

DUBAI: UAE's Dana Gas returned to profit during the third quarter due…

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DNE

Abu Dhabi’s TAQA beats forecasts with rise in Q3 profit

ABU DHABI: Abu Dhabi National Energy Co. (TAQA) reported a sharp rise…

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DNE

Dubai’s Drake outstanding receivables at $245 mln, saysCFO

DUBAI: Dubai Contractor Drake & Scull International (DSI) has 900 million dirhams…

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DNE

PepsiCo Tomooh partners with UNWFP to help children, families in Upper Egypt

CAIRO: PepsiCo Tomooh signed a new partnership agreement with the United Nations…

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DNE

Orascom seeks to solve Algeria row

ALGIERS: Egypt's Orascom Telecom may seek international arbitration to end a dispute…

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DNE

Egypt court to rule on TMG Madinaty sale Nov. 23

CAIRO: An Egyptian court said on Tuesday it would decide on Nov.…

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DNE

Egypt still working on secondary bond market: Fin Min

CAIRO: Egypt is working to develop its secondary market for government securities,…

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DNE

Egypt allocates 50 mln sqm for industrial investments

CAIRO: Egypt’s Industrial Development Authority (IDA) will provide 50 million square meters…

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DNE