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

Citadel plans $200 mln power plants in Uganda

NAIROBI: Egyptian private equity firm Citadel Capital plans to invest up to…

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Egypt’s new PM to hold finance portfolio too: paper

  CAIRO: Egypt's new prime minister, Kamal El-Ganzoury, may also hold the…

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Army official sees Egypt foreign reserves plunging

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

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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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Dana Petroleum enters new joint venture in Egypt

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

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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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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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SODIC swings to third-quarter loss

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

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Mideast private equity feels chill of regional unrest

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

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Oil bounces as central banks take action

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

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