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

Pakistan row nears end, UAE Etisalat may have to pay out

By Matt Smith / Reuters DUBAI: Pakistan Telecommunication (PTCL) should soon receive assets…

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EFG-Hermes 2011 profit tumbles 63 percent

By Ehab Farouk and Tamim Elyan / Reuters CAIRO: Egyptian bank EFG-Hermes reported…

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World food prices rise further, raising fears of unrest

By Svetlana Kovalyova and Veronica Brown / Reuters Global food prices rose in…

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INTERVIEW: Kuwait’s KFIC restructures debt

By Ahmed Hagagy / Reuters KUWAIT: Kuwait's Finance & Investment Co. has completed…

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Egypt’s GASC says buys 115,000 T US wheat

By Sherine El Madany / Reuters CAIRO: Egypt, the world's largest wheat importer,…

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67 pct of Egypt employees expect a raise in the next 12 months, says poll

CAIRO: Forty-three percent of employees in Egypt have been unhappy with their…

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No set timeline to conclude Egypt loan talks: IMF

By Reem Abdellatif WASHINGTON: The International Monetary Fund said on Thursday there was…

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Yields rise at Egyptian 182-day T-bill auction

By Mohamed Samir / Reuters CAIRO: The average yield on 182-day Egyptian treasury…

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Five parties eye Egypt arm of Greece’s Piraeus Bank: sources

By Dinesh Nair and David French / Reuters DUBAI: The sale of the…

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Islamic finance pressured to join accounting mainstream

By Anjuli Davies / Reuters LONDON: Rapid growth of Islamic finance is increasing…

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