Latest Business News
Egypt’s market up; Dubai’s Emaar at 6-month high
DUBAI/CAIRO: Egypt’s index extended gains for a second day after investor appetite…
Egypt foreign reserves fall, add to pressure on pound
CAIRO: The drain on Egypt's foreign reserves showed little sign of abating…
HSBC says staff, customers safe after ‘minor incident’
CAIRO: HSBC bank said its staff and customers were unharmed after a…
AlexBank launches safe box for clients
CAIRO: AlexBank launched Alex Safe, a safe deposit box service supported by…
Egypt central bank accepts repos worth LE 12 bln
CAIRO: Egypt's central bank accepted LE 12 billion ($1.99 billion) in seven-day…
Egypt foreign reserves fall $1.77 bln in January
CAIRO: Egypt's net foreign reserves fell by $1.77 billion in January, the…
Egypt telecom tycoon Sawiris eyes new horizons
CAIRO: Egyptian telecoms magnate Naguib Sawiris wants to get back on the…
EFG Hermes denies CEO’s connection with Port Said case
CAIRO: After EFG Hermes CEO Yasser El-Mallawany was banned from traveling earlier…
EFG Hermes shares slide after CEO’s travel ban
CAIRO: Conflicting reports surrounded the reasons behind a travel ban on Yasser…
IFC invests $124 mln in Medgulf to extend MENA insurance reach
CAIRO: IFC, a member of the World Bank Group, said it is…