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

Oil prices fall sharply

Brent North Sea crude for delivery in June sank $1.42 to $103.05…

Daily News Egypt

Cleaner Saudi Yanbu refinery back online

There has been a shift in Middle Eastern refineries to produce cleaner…

Daily News Egypt

Amplats axes 6,000 jobs in South Africa

Profits were obliterated by a higher wage bill and increased electricity costs.

Daily News Egypt

OPEC sticks to 2013 oil demand projection

The Organisation of Petroleum Exporting Countries forecast total average oil demand of…

Daily News Egypt

YouTube launches paid channels, in TV challenge

The move puts Google into direct competition with services such as Netflix,…

Daily News Egypt

Egypt and South Korea sign agreement on nuclear power programme

Egypt and South Korea will cooperate in the field of nuclear power…

Joel Gulhane

Japan automakers step on profit accelerator

The Camry and Corolla maker, which last year overtook General Motors to…

Daily News Egypt

G7 states meet in UK as US presses Europe on austerity

The G7 nations, which together produce about half of the world's economic…

Daily News Egypt

IMF says Egypt loan talks ‘must reflect evolving conditions’

Fund spokesman said that no new IMF mission to Egypt has been…

Daily News Egypt

Microsoft eyes full control of Nook: report

The report said Microsoft was preparing to pay $1 billion to buy…

Daily News Egypt