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

Nomura downgrades Air Arabia, Jazeera Airways

CAIRO: Middle East airlines will likely suffer from higher jet fuel prices,…

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DNE

Bargains tempt some wary tourists to North Africa

TUNIS/CAIRO: The tanks parked beside Tunisia's tourism ministry and the capital's main…

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DNE

Egypt reviews re-start of gas exports to Israel

CAIRO: Egypt is reviewing the timetable for resuming gas exports to Israel…

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DNE

Capital gains tax sparks ire of EGX chairman, raises concerns over tax evasion

CAIRO: Egypt’s newly proposed capital gains tax instantly sparked criticism at the…

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DNE

Egypt sets minimum wage at LE 700, sees 2.6 pct growth

CAIRO: Finance Minister Samir Radwan said Egypt has set a minimum wage…

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DNE

Oil demand worry pressures oil, dollar supports

LONDON/NEW YORK: Oil fell by as much as $1 on Wednesday, as…

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DNE

Citadel swings to 2010 loss on writedowns

CAIRO: Egyptian private equity firm Citadel Capital swung to a net loss…

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DNE

Telecom Egypt Q1 net profit dips 10 pct; shares up

CAIRO: Landline monopoly Telecom Egypt posted a 10 percent drop in first-quarter…

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DNE

Ampal launches arbitration over Egypt gas halt

JERUSALEM: Ampal American Israel Corp has started international arbitration proceedings over the…

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DNE

Heavyweight stocks pull Egypt index lower

CAIRO: Heavyweight stocks dragged Egypt's index down 0.3 percent, but talk of…

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DNE