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

Abu Dhabi sells stake in electric carmaker Tesla

By Dinesh Nair / Reuters DUBAI: Abu Dhabi National Energy (TAQA), a state-owned…

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SunCity Mall opens in Egypt at a price tag of LE 3 bln

By Reem Abdellatif CAIRO: SunCity, a new addition to Egypt’s shopping and entertainment…

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IFC helps educator build schools across Egypt

CAIRO: IFC, a member of the World Bank Group, is lending the…

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Emirates ups Egypt services to 13 weekly flights

CAIRO: UAE-based Emirates Airline said it will “fully restore its services to…

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Pakistan row nears end, UAE Etisalat may have to pay out

By Matt Smith / Reuters DUBAI: Pakistan Telecommunication (PTCL) should soon receive assets…

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EFG-Hermes 2011 profit tumbles 63 percent

By Ehab Farouk and Tamim Elyan / Reuters CAIRO: Egyptian bank EFG-Hermes reported…

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World food prices rise further, raising fears of unrest

By Svetlana Kovalyova and Veronica Brown / Reuters Global food prices rose in…

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INTERVIEW: Kuwait’s KFIC restructures debt

By Ahmed Hagagy / Reuters KUWAIT: Kuwait's Finance & Investment Co. has completed…

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Egypt’s GASC says buys 115,000 T US wheat

By Sherine El Madany / Reuters CAIRO: Egypt, the world's largest wheat importer,…

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67 pct of Egypt employees expect a raise in the next 12 months, says poll

CAIRO: Forty-three percent of employees in Egypt have been unhappy with their…

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