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

Dubai contractor Drake wins $230 mln Algeria contract

By Reuters DUBAI: Dubai contractor Drake & Scull, which has shifted its focus…

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Egypt tumbles to 3-week low on political concerns

By Reuters CAIRO: Egypt's main share index tumbled to a three-week low,…

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Debt spreads tightest in 7 months

By Philip Baillie / Reuters LONDON: Emerging debt spreads narrowed to their tightest…

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OT 4th quarter net loss narrows to $83 million

By Reuters CAIRO: Orascom Telecom Holding SAE (OT), the Egyptian company bought…

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Majid Al Futtaim eyes $500 mln Egypt loan: sources

By David French and Michelle Meineke / Reuters DUBAI/LONDON: Dubai-based developer Majid Al…

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Egypt says deficit not to exceed LE 144 bln

By Reuters CAIRO: Egypt's finance minister denied a report published on Monday that…

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US urges support for economic reform in Egypt

By Louis Charbonneau and Michelle Nichols / Reuters UNITED NATIONS: US Secretary of…

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Egypt raises budget deficit estimate ahead of loan talks

By Reuters CAIRO: Egypt has raised its budget deficit forecast for this…

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Oil slips under $125 on growth concerns

By Christopher Johnson / Reuters LONDON: Oil prices fell on Monday, snapping four…

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Egypt’s Alcotexa sells 4,133 T cotton in past week

By Mohamed Samir / Reuters CAIRO: Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed…

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