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

Army official sees Egypt foreign reserves plunging

CAIRO: Egypt's foreign reserves will plunge by a third to $15 billion…

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DNE

Kraft Foods’ organic revenue growth boosts Q3 results

CAIRO: Kraft Foods Inc. saw an 11.5 percent increase in net revenues…

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DNE

Dana Petroleum enters new joint venture in Egypt

CAIRO: A new joint venture between Dana Petroleum and the Egyptian General…

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DNE

Egypt finance minister Beblawi says not yet asked to stay on

CAIRO: Egyptian Finance Minister Hazem El-Beblawi said on Wednesday he had not…

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DNE

Surging wages are risk, reward of Arab Spring

DUBAI: Under the threat of a strike this year, Egypt's El Nasr…

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DNE

SODIC swings to third-quarter loss

CAIRO: SODIC, Egypt's third-biggest listed property developer, said on Wednesday it swung…

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DNE

Mideast private equity feels chill of regional unrest

DUBAI: Private equity firms in the Middle East, grappling with regional political…

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DNE

Oil bounces as central banks take action

LONDON: Oil jumped on Wednesday after a coordinated move by central banks…

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DNE

Source gold ETP finds eager Europe, Mideast takers

LONDON: The euro zone crisis has driven investment in gold-backed exchange-traded assets…

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DNE

Piraeus says StanChart ends talks to buy Egypt arm

CAIRO: Standard Chartered has ended talks to acquire the Egyptian unit of…

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DNE