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

Egypt falls after call for austerity

CAIRO: Selling by foreigners pushed Egypt's benchmark index lower after Prime Minister…

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DNE

PM tells Egyptians austerity needed to help economy

CAIRO: Egypt’s prime minister said Sunday that the economic situation was worse…

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DNE

Oman stress-tests banks to limit euro crisis impact

ABU DHABI: Oman has started implementing stress tests in its banking sector…

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DNE

Standard Chartered eyes Oman, Nigeria for Islamic banking

DUBAI: Standard Chartered is in discussions with regulators to offer Islamic banking…

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DNE

Saudi to OK some foreign ownership of stocks: sources

DUBAI: Saudi Arabia's plans to open up its stock market will limit…

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DNE

S&P reviewing ratings of 50 MENA banks on new criteria

DUBAI: Standard & Poor's (S&P) is reviewing credit ratings on 50 banks…

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DNE

Arab Monetary Fund says unlikely to offer aid to Europe

ABU DHABI: The Arab Monetary Fund is unlikely to offer any funding…

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DNE

Egypt core inflation falls, urban inflation rises in November

CAIRO: Egypt's core consumer price inflation declined to 7.04 percent on an…

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DNE

Yemen seeks gasoline in January in tender

LONDON: Yemen is seeking to import four cargoes of gasoline in January…

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DNE

Qatar creates 50 mln euro fund for French suburb start-ups

PARIS: Qatar has set up a €50-million ($67-million) fund for entrepreneurs from…

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