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

African Development Bank approves $500 mln Tunisia loan

TUNIS: The African Development Bank said on Monday it had approved a…

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DNE

Credit Suisse raises Orascom target price

CAIRO: Credit Suisse raised its share-price target on Orascom Construction Industries (OCI)…

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DNE

Alex Cement Q1 net profit drops 34 pct

CAIRO: Egypt's Alexandria Cement posted a 34 percent fall in consolidated net…

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DNE

Nasr City Housing to start project: paper

CAIRO: Egyptian property developer Nasr City Housing is preparing to start work…

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DNE

Egypt gets short-term relief, investors still wary

CAIRO: Billions of dollars in aid for Egypt will offer short-term relief…

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DNE

Egypt court bars some state bodies from land sales

CAIRO: A court has scrapped presidential decrees that allowed some Egyptian state…

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DNE

Egypt cbank to offer LE 8 in repos Tuesday

CAIRO: Egypt's central bank said it will offer LE 8 billion ($1.345…

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DNE

Brent oil, below $115, heads for monthly fall

LONDON: Brent crude oil fell below $115 a barrel on Monday, heading…

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DNE

Egypt payments balance plunges into deficit in Q1

CAIRO: Egypt's balance of payments swung into a deficit of $6.1 billion…

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DNE

Egypt, Sudan meet to discuss economic cooperation

CAIRO: An Egyptian-Sudanese committee announced plans to establish an industrial zone in…

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DNE