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

ANALYSIS: Risk of reversal rises as oil enters ‘danger zone’

  LONDON: The chances of a sharp drop in oil prices similar…

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DNE

World reluctant to purchase Egyptian cotton, says agriculture minister

CAIRO: Minister of Agriculture told parliament Tuesday he suspects that a plot…

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DNE

Egypt’s real estate boom awaits political stability, say investors

CAIRO: The future is promising for Egypt, agreed a panel of local…

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DNE

Egypt shares slump, led by telecoms

CAIRO: Egypt's benchmark index slipped 2.4 percent, with telecom shares declining after…

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DNE

Abraaj interested in Turkey’s Calik media assets: sources

ISTANBUL: Dubai-based Abraaj Capital is among companies interested in bidding for the…

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DNE

UBS cuts Mobinil to neutral

LONDON: UBS downgraded Mobinil to "neutral" from "buy" citing fears of a…

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DNE

Mobinil says Q4 net loss $29 million

CAIRO: Egyptian mobile firm Mobinil said on Monday it posted a net…

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DNE

GB Auto to assemble Geely autos

CAIRO: GB Auto, Egypt's biggest listed automobile assembler, said on Tuesday it…

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DNE

Egypt to sell short-term dollar debt in March: report

CAIRO: Egypt plans to offer US-dollar certificates of deposit (CD) to Egyptians…

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DNE

Egypt sells more dollar T-bills than it sought

CAIRO: Egypt's central bank said it sold more one-year US-dollar-denominated treasury bills…

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