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

Egypt Hydrocarbon Company signs $454 million deal

CAIRO: With paid-up capital of $150 million (LE 900 million), the Egyptian…

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IFC to invest, provide loan to Egypt’s OCI

CAIRO: The International Finance Corporation (IFC), the World Bank's private-sector lending arm,…

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DNE

EgyptAir plane catches fire at Cairo airport

CAIRO: Airport officials say some 300 passengers were rushed off an EgyptAir…

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DNE

OPEC spare capacity concerns support oil: Shell

LONDON: Concerns over rising demand, geopolitical tension and falling output capacity are…

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DNE

Egypt sells LE 6 bln in T-bills, as planned

CAIRO: Egypt's Ministry of Finance said the central bank sold LE 6…

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DNE

Al-Borg partners with Jordan-based Biolab

CAIRO: Al-Borg, which was established in Egypt and is now the leading…

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DNE

Activists ask if the EBRD is good for Egypt

By Brett Borkan CAIRO: As the European Bank for Reconstruction and Development (EBRD)…

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DNE

Political tension drags Egypt;most Gulf mkts fall

CAIRO/DUBAI: Egypt's bourse fell for a seventh session on mounting political tension…

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DNE

Mobinil posts Q2 net loss of $18.2 mln

CAIRO: Egyptian mobile phone company Mobinil reported a second-quarter net loss as…

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DNE

DineEquity plans Egypt expansion

CAIRO: DineEquity, Applebee’s parent company, signed a “multi-restaurant franchise agreement” with AMECO…

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