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

Freight federation convenes in Cairo for world congress meetings

CAIRO: Experts convening at the International Federation of Freight Forwarders Associations (FIATA)…

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HSBC sees Islamic serviced funds AUM hitting $10 bln

DUBAI: HSBC Amanah, the Islamic arm of lender HSBC, expects a pipeline…

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Nikki Beach to manage ERC’s boutique hotel in Sahl Hasheesh

CAIRO: Egyptian Resorts Company, a developer of mega-communities, has signed on global…

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Egypt says to grow 3 mln acres of wheat in 2011/12, raises local prices

SHARM EL-SHEIKH: Egypt, the world's largest wheat importer, expects to grow 3…

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Citadel Capital to strengthen balance sheet further

DUBAI: Egyptian private equity firm Citadel Capital, which completed a $176 million…

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Experts demand swift action after S&P’s ‘negative’ Egypt outlook

CAIRO: Standard & Poor’s (S&P) on Tuesday described the outlook for the…

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Standard and Poor’s downgrades Egypt’s rating

PARIS: Standard and Poor's downgraded Egypt's rating on Tuesday to BB-, citing…

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Protesting Telecom Egypt workers deny rumors they will cut-off communications

CAIRO: Workers and employees in Telecom Egypt corporate (TE) denied Tuesday any…

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Arab Spring disrupts energy investment, says IEA

PARIS: The Arab Spring has disrupted investment plans in oil and gas…

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Gold drops as macro worries favor dollar

LONDON: Gold was set for its largest one-day fall in two weeks…

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