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 mulls forex, loan guarantees for PPP plans

CAIRO: Egypt is studying sovereign guarantees and measures to mitigate currency risk…

DNE
DNE

Denmark to give Egypt $15 mln in aid, Maersk to invest $25 mln

CAIRO: Denmark has allocated 100 million krona ($15.4 million) in aid to…

DNE
DNE

ANALYSIS: Arab spring likely to leave oil firms unscathed

LONDON: Western oil firms are unlikely to face widespread asset seizures or…

DNE
DNE

Banks lift Abu Dhabi to 23-week high, Qatar down

DUBAI: Abu Dhabi bank stocks rose on Thursday on improving outlooks for…

DNE
DNE

Islamic Development Bank to loan Egypt $2.5 billion

CAIRO: The Islamic Development Bank said on Wednesday it will grant Egypt…

DNE
DNE

Real estate drags Egypt’s index down, regional markets mixed

DUBAI/CAIRO: Real estate stocks dragged Egypt’s main index down 0.9 percent after…

DNE
DNE

Egypt analysts question timing of short selling, trading tools

CAIRO: With the Egyptian Stock Exchange planning to introduce short selling and…

DNE
DNE

Saudi, US debated oil reserve swap before OPEC: sources

WASHINGTON/LONDON: It was to be a swap felt around the world —…

DNE
DNE

UN alarm at north Sudan bombardment

KHARTOUM: UN officials expressed alarm on Wednesday after Sudan stepped up air…

AFP
AFP

EFG-Hermes says Q1 profit nearly wiped out

CAIRO: EFG-Hermes, Egypt's biggest investment bank, said first-quarter net profit slumped 93…

DNE
DNE