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

US companies launch investment plans in ‘new’ Egypt

CAIRO: American members of the US-Egypt Business Council (USEBC), who are housed…

DNE
DNE

Maridive Q1 aided by offshore contracts

CAIRO: Egyptian group Maridive and Oil Services posted a rise in first-quarter…

DNE
DNE

Bank Audi Egypt launches new CODs

CAIRO: Bank Audi S.A.E. launched new Certificates of Deposit with an interest…

DNE
DNE

IFC plans $35 mln in loans for Indian-Egyptian JV factory

CAIRO: The International Finance Corporation, a member of the World Bank Group,…

DNE
DNE

Citadel Capital says no direct offers for acquisition

CAIRO: Private equity firm Citadel Capital said it “has not received a…

DNE
DNE

Egypt urban inflation eases to 11.8 pct y/y in May

CAIRO: Urban consumer inflation in Egypt unexpectedly eased to 11.87 percent in…

DNE
DNE

Egypt’s market up on cancellation of capital gains tax

CAIRO: Officials at Egypt’s stock exchange welcomed Finance Minister Samir Radwan’s decision…

DNE
DNE

African leaders to launch ‘Cape-to-Cairo’ trade bloc talks

JOHANNESBURG: African leaders meet Sunday for talks on forming the continent's biggest…

DNE
DNE

Suez Canal May revenues up at $436.6 mln

CAIRO: Revenue from Egypt's Suez Canal rose 10.5 percent year-on-year to $436.6…

DNE
DNE

Abraaj in talks to buy stake in Citadel : source

CAIRO: Dubai-based Abraaj Capital has held talks with Egypt's Citadel Capital with…

DNE
DNE