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 gains on supply fears, better data

LONDON: Threats to supply in Iran and Kazakhstan and stronger economic data…

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Egypt to implement maximum wage as it battles budget deficit

CAIRO: Egypt's Prime Minister Kamal El-Ganzoury said Tuesday that the public sector…

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DNE

Hikma gets up to $110 mln from World Bank lender

LONDON: Jordan-based Hikma Pharmaceuticals is to receive up to $110 million in…

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Renewed clashes add pressure to Egypt’s struggling economy

CAIRO: Egypt’s main index recouped Monday some of the previous day's losses,…

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DNE

Etihad snaps up stake in debt-laden Air Berlin

FRANKFURT: Etihad Airways threw a lifeline to ailing Air Berlin and gained…

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Saudi Arabia’s Kingdom Holding eyes Twitter IPO, big returns

DUBAI: Saudi Arabia's Kingdom Holding, controlled by Saudi billionaire Prince Alwaleed bin…

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Emaar draws on Dubai Mall to raise $1 bln

DUBAI: Dubai's Emaar Properties, the emirate's largest real estate developer, has put…

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OCI to redeem $274 mln of local bonds early

CAIRO: Orascom Construction Industries (OCI), Egypt's biggest listed company, said on Monday…

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Alwaleed pushes the limits with edgy Twitter stake

By Una Galani / Reuters Breakingviews DUBAI: Prince Alwaleed might be pushing the…

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Egypt sells fewer 3- and 5-yr bonds than on offer

CAIRO: Egypt's central bank said it sold fewer reopened three-year and five-year…

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