Latest Business News
Olympic says 9-month net loss LE 248.7 mln
CAIRO: Egypt's Olympic Group said on Monday it had a net loss…
Actis closes $434 mln deal in South Africa, eyes Egypt
CAIRO: Actis, a pan-emerging markets private equity fund, led a consortium in…
UAE’s Al Futtaim eyes $1.3 bln for Qatar, Egypt plans
DUBAI: Al Futtaim Group, a UAE-based conglomerate, is planning to raise around…
Hungary seeks IMF help; Egypt CDS, FX hit by turmoil
LONDON: The Hungarian forint skidded more than 1 percent against the euro…
Stocks tumble on Cairo unrest
CAIRO: Egypt's benchmark stock index tumbled more than 2 percent on Sunday…
T-bills rise to 3-yr high, auction trimmed
CAIRO: Egypt's central bank reduced the size of its treasury bill auction…
Egypt to formally seek IMF financing, says minister
CAIRO: Egypt will formally ask the International Monetary Fund to start negotiations…
Egypt resumes natgas supplies to Israel, says Ampal
TEL AVIV: Supplies of natural gas from Egypt to Israel, which were…
MPs aren’t service providers, say experts, candidates
CAIRO: Electing a member of parliament to represent them is a new…
Oil rallies, boosted by weaker dollar
LONDON: Brent crude oil futures rallied to over $109 on Friday, helped…