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

Egyptian pound trades at weakest in nearly 7 years

CAIRO: The Egyptian pound fell to its lowest in nearly seven years…

DNE
DNE

Global slowdown, high prices squeeze oil demand: IEA

LONDON: World oil demand will be lower than expected this year and…

DNE
DNE

OPIC approves $150 mln in financing for Egypt’s Citadel

CAIRO: The Overseas Private Investment Corporation (OPIC), the US government’s development finance…

DNE
DNE

Egypt urban inflation slows to 7.1 pct in October

CAIRO: Egypt's urban consumer inflation slowed to 7.1 percent on an annual…

DNE
DNE

Regulator looks deeper into Swiss bank dictator assets

ZURICH: Swiss financial regulator FINMA has identified control problems at four banks…

DNE
DNE

Cashing in on Egypt’s black cloud

By Maha El Dahan CAIRO: After the rice harvest each autumn, Egyptians take…

DNE
DNE

European Commission allocates 22 mln euros for SMEs in rural Egypt

CAIRO: The European Commission approved Tuesday a program worth €22 million to…

DNE
DNE

NSGB 9-month net profit climbs 9 pct

CAIRO: Egypt's National Societe Generale Bank (NSGB) said on Wednesday net income…

DNE
DNE

Flush with cash, DNO eyes Mideast growth

OSLO: Norwegian group DNO is cash-strong and ready to pursue acquisitions while…

DNE
DNE

Arab turmoil drags down profits at Austria’s OMV

VIENNA: Turmoil in Libya and Yemen ate into earnings at oil and…

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DNE