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

World Bank slashes global GDP forecasts, outlook grim

BEIJING/WASHINGTON: The World Bank warned developing countries on Wednesday to prepare for…

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Beltone chairman to sell stake: Egypt bourse

CAIRO: The chairman of Beltone Financial is to sell his 20 percent…

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DNE

Expanding access to credit will help business across the region

A well developed financial sector, in which businesses can obtain working capital…

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DNE

Egypt open to trade talks with US: trade minister

  WASHINGTON: Egypt's trade minister on Tuesday courted badly needed US investment…

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Dana Gas hires advisers for convertible sukuk

DUBAI: UAE energy group Dana Gas said it had appointed an international…

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DNE

Flat6Labs graduates five Egyptian technology startups

CAIRO: Inspired by his father’s illness, Mostafa Nageeb, CEO of Ekshef.com, created…

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Telecom Egypt plans dividend on deferred profits

CAIRO: Landline monopoly Telecom Egypt plans to issue a dividend of 30…

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Ezz Steel pulls Egypt index higher

CAIRO: Egypt's main index gained 1.2 percent, with Ezz Steel continuing to…

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DNE

IMF says Egypt talks to take 2-3 months

CAIRO: Egypt's negotiations for financial assistance from the International Monetary Fund (IMF)…

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Egypt asks IMF for $3.2 bln in support

CAIRO: Egypt has asked the International Monetary Fund for $3.2 billion in…

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