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

Orascom Development Q1 profit tumbles

CAIRO: Real estate and hotels firm Orascom Development reported a slump in…

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Egypt central bank to offer LE 6 bln in repos Tuesday

CAIRO: Egypt's central bank said it will offer LE 6 billion ($1.001…

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Egypt cabinet body denies SODIC land withdrawn

By Sarah Mikhail/Reuters CAIRO: Egypt's government on Monday denied a newspaper report that…

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Egypt’s market up on cancellation of capital gains tax

CAIRO: Officials at Egypt’s stock exchange welcomed Finance Minister Samir Radwan’s decision…

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African growth set to slow to 3.7 percent: study

LISBON: Growth in African countries will to slow to 3.7 percent this…

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Egypt says to start repaying IMF funds in 3-1/4 yrs

CAIRO: Egypt will begin repaying IMF financing worth $3 billion in 3-1/4…

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Palestinian authority to issue $50 mln sukuk

ABU DHABI: The Palestine Monetary Authority hopes to issue to banks its…

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Egypt producer prices up 20.6 pct in year to April

CAIRO: Egypt's producer price index rose 20.61 percent in the 12 months…

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Tax boost lifts Egypt traders; most Gulf markets dip

CAIRO/DUBAI: Egypt's index, EGX30, rose for a first session in four after…

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Egypt seals $3 bln IMF accord

CAIRO: The International Monetary Fund (IMF) agreed a $3 billion financing deal…

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