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 says Qatar gave $500 mln to help with budget

CAIRO: Egypt's finance minster, who has been negotiating with Gulf Arab states…

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Egypt ends higher on new financing talk

CAIRO: The Egyptian benchmark index ended higher, buoyed by reports that Egypt…

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DNE

Bad bet costs Qatar $1 billion in gas tanker refits

LONDON/NEW YORK: Qatar made a billion dollar error when it built its…

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DNE

Visa, Google partner on mobile payment adoption

CAIRO: Google was granted a worldwide license to Visa payWave, a Near…

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DNE

Raya IT building data center for Egypt’s credit bureau

CAIRO: The Egyptian Credit Bureau (I-Score) has appointed Raya IT to design,…

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DNE

MENA banks resilient despite Europe risk: AlembicHC

CAIRO: AlembicHC said it expected banks in the Middle East and North…

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DNE

Airport strike spotlights Egypt’s economic woes

CAIRO: A work slowdown by air traffic controllers delayed scores of flights…

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Egyptian tobacco firm Eastern approves dividend

CAIRO: Egypt's cigarette monopoly Eastern Company said on Wednesday its shareholders approved…

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DNE

Credit Suisse still cautious on Egyptian real estate sector

CAIRO: Credit Suisse said it expects sales volumes of Egyptian real estate…

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DNE

Citadel raises $73.5 mln in rights issue

CAIRO: Egyptian private equity firm Citadel Capital said on Wednesday it raised…

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