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

Oil slides $5 on economic gloom, dollar

LONDON: Oil prices fell by more than $5 a barrel on Thursday…

DNE
DNE

Euro-Med alliances call for fast action on economic recovery

ALEXANDRIA: “It’s time for us to walk the talk,” said Ahmed El-Wakil,…

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DNE

GE wins $300 mln electricity contracts in Egypt

CAIRO: GE will supply six gas turbines and associated services to the…

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DNE

Egypt’s EGPC offers 15 blocks in latest bid round

CAIRO: State-owned Egyptian General Petroleum Corporation (EGPC) said it was offering 15…

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DNE

TUI Travel sees Egypt, Tunisia recovery taking time

LONDON: TUI Travel is on track to meet full-year profit expectations due…

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DNE

Egyptian stocks slip as OT, world shares fall

CAIRO: Egypt's benchmark ended down 2.2 percent, led lower by Orascom Telecom…

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DNE

Euro-Med region to get 23 billion euro investment boost

ALEXANDRIA: A total of €23 billion of investments will be injected into…

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DNE

Court suspends privatization contracts of three companies

CAIRO: The Administrative Court suspended Wednesday the privatization contracts of three privatized…

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DNE

Yemen LNG says exports unaffected by violence

SINGAPORE/LONDON: Violence in Yemen is not affecting shipments of liquefied natural gas…

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DNE

Qatar aims to invest billions of dollars in farm city

DOHA: Qatar aims to invest billions of dollars in an agricultural city…

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DNE