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

Egypt climbs on optimism for Mobinil deal

By Reuters CAIRO: Egypt's main index edged higher, lifted by property stocks…

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Egypt’s rice export ban only benefits smugglers

By Maha El Dahan and Sherine El Madany / Reuters ABU DHABI/CAIRO: Smugglers…

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Water deficit may cost Egypt $11 bln annually: World Bank

By Reem Abdellatif CAIRO: The world’s water deficit will grow to 200 billion…

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Japan gives Egypt $393 mln to fund fourth metro line

By Reem Abdellatif CAIRO: Egypt accepted a $393 million loan from the Japan…

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NBAD eyes 5-year dollar bond, may price Monday

By Rachna Uppal / Reuters DUBAI: National Bank of Abu Dhabi is eyeing…

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Kuwait eyes 13 pct budget rise amid industrial unrest

By Sylvia Westall / Reuters KUWAIT: Kuwait's state budget for next fiscal year…

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Etisalat eyes mobile remittances in Gulf

By Matt Smith / Reuters DUBAI: UAE telecoms operator Etisalat, which saw $1.8…

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Arabtec says no need for SWF funds

By Praveen Menon / Reuters DUBAI: Arabtec has no plans to renew talks…

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IMF official says Egypt talks to last a few weeks

By Patrick Werr and Marwa Awad / Reuters CAIRO: Talks over an International…

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Egyptian Resorts posts full-year loss of $1.2 mln

By Reuters CAIRO: Real estate company Egyptian Resorts posted a narrower full-year loss,…

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