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

Citadel Capital fund to sell stake in NPC Egypt

CAIRO: A Citadel Capital fund will sell its interest in National Petroleum…

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DNE

Government withdraws land from Egyptian businessmen

CAIRO: Egypt's government has withdrawn 2,100 hectares of land from some of…

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DNE

Aramco, Sinopec set to sign Saudi refinery deal

KHOBAR: State oil giant Saudi Aramco will sign a final deal next…

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DNE

EIIB acquires 35 pct stake in Rasmala

DUBAI: European Islamic Investment Bank is to invest $16 million over 12…

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DNE

UAE’s Arqaam Capital buys Egyptian brokerage El Rashad

DUBAI: Arqaam Capital, a Dubai-based regional investment bank, has acquired Egyptian brokerage…

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DNE

Volatile markets expected to yield growth in 2012: HSBC

CAIRO: As volatility gives way to long-term investment opportunities, a report by…

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DNE

Oil hovers below $103 as EU mulls Iran oil ban

Oil prices hovered below $103 a barrel Thursday as the European Union…

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DNE

Euro slumps on renewed Spain concerns

PARIS: The euro slumped to a 16-month low against the dollar Thursday…

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DNE

Fears for tourism as Islamists verge on victory

SHARM EL-SHEIKH: On a barren hill in Sharm El-Sheikh, not far from…

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DNE

Stock market stagnation due to seasonal trend, says consultant

CAIRO: Egypt's main index, EGX30, fell by 0.74 percent reaching 3,627.80 points…

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