Latest Business News
Dubai investor sues Egypt over corruption ruling
DUBAI: A Dubai property firm chief said Tuesday he was seeking international…
Egypt bank NBD posts Q1 loss of $28.9 mln
CAIRO: Egypt's National Bank for Development (NBD) posted a net loss of…
Egypt cbank accepts repos worth LE 8.2 bln
CAIRO: Egypt's central bank accepted LE 8.209 billion ($1.38 billion) in seven-day…
EFG-Hermes to cut bonuses, appoints Gulf executive
CAIRO: Egyptian investment bank EFG Hermes said it was cutting back bonuses…
Minister: Egypt nearing deal with World Bank
CAIRO: Egypt's finance minister says his country is nearing a deal to…
Trend Consulting creates database for Egypt investment funds
CAIRO: Trend Consulting launched a new database that will publish and store…
Qatar fund at ease with regional strife
LONDON: The managers of a fund investing in Qatari companies insist it…
BofA hires EFG Hermes’ Gulf head to run MENA: sources
DUBAI: Bank of America Merrill Lynch has poached the top executive at…
Egypt gains for sixth session straight
CAIRO: Egypt's main index closed 1.3 percent higher, notching up its biggest…
Nasr City Q3 profit plunges 76 pct
CAIRO: Egyptian property developer Nasr City Housing posted a 76 percent net…