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

Huge mandate for planned new Islamic bank

By Bernardo Vizcaino / Reuters DUBAI: Gulf institutions plan to spur development of…

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Parliament, gov’t reach settlement over IMF loan, says report

By Reem Abdellatif CAIRO: After much debate over the $3.2 billion International Monetary…

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DNE

Tanker with Syrian oil passes through Suez Canal

By Reuters CAIRO: The M.T. Tour, a tanker identified by the United…

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DNE

Dubai’s Drydocks World edges closer to restructuring approval

By David French / Reuters DUBAI: Drydocks World, which is testing a form…

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DNE

Tighter spreads to drive sukuk issuance: HSBC

By Bernardo Vizcaino / Reuters DUBAI: Issuance of Islamic bonds will be stimulated…

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Egypt investors shift to longer-term debt: analysts

By Tom Pfeiffer and Patrick Werr / Reuters CAIRO: Growing local appetite for…

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DNE

SODIC sees no impact from ruling against ex-chairman

By Dina Zayed / Reuters CAIRO: Egypt's SODIC, the country's third-biggest listed developer,…

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DNE

Egypt says no IMF agreement until June

By Reuters CAIRO: Egyptian Planning Minister Faiza Abu El-Naga said on Monday…

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DNE

Oil prices drift lower in muted trade

By AFP LONDON: World oil prices sank on Monday, continuing the previous…

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DNE

Europe firewall boost throws spotlight on IMF

By Tamim Elyan / Reuters COPENHAGEN: With a decision to expand its anti-crisis…

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