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

OT 4th quarter net loss narrows to $83 million

By Reuters CAIRO: Orascom Telecom Holding SAE (OT), the Egyptian company bought…

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Majid Al Futtaim eyes $500 mln Egypt loan: sources

By David French and Michelle Meineke / Reuters DUBAI/LONDON: Dubai-based developer Majid Al…

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Egypt says deficit not to exceed LE 144 bln

By Reuters CAIRO: Egypt's finance minister denied a report published on Monday that…

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US urges support for economic reform in Egypt

By Louis Charbonneau and Michelle Nichols / Reuters UNITED NATIONS: US Secretary of…

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Egypt raises budget deficit estimate ahead of loan talks

By Reuters CAIRO: Egypt has raised its budget deficit forecast for this…

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Oil slips under $125 on growth concerns

By Christopher Johnson / Reuters LONDON: Oil prices fell on Monday, snapping four…

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Egypt’s Alcotexa sells 4,133 T cotton in past week

By Mohamed Samir / Reuters CAIRO: Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed…

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SAP invests, aims for Middle East growth

By Matt Smith / Reuters DUBAI: German software developer SAP plans to invest…

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Egypt T-bill auction a success as demand picks up

By Tom Pfeiffer / Reuters CAIRO: Egypt's central bank sold more treasury bills…

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Egypt’s Palm Hills falls into loss, revenues plunge

By Yasmine Saleh / Reuters CAIRO: Egypt's second-biggest listed property developer, Palm Hills,…

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