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 stocks at 9-week low; profit-taking weighs on Saudi

By Nadia Saleem and Patrick Werr/Reuters DUBAI/CAIRO: Egypt’s main index fell 0.8 percent…

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Lebanon delays gas tenders, sets up administrator

By Laila Bassam / Reuters BEIRUT: Lebanon is delaying tenders for offshore exploratory…

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Dubai’s Shuaa names Colin Macdonald as new CEO

By Mirna Sleiman / Reuters DUBAI: Shuaa Capital, the struggling Dubai-based investment bank,…

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Ezz Steel 2011 net profit falls 20 pct

By Tamim Elyan / Reuters CAIRO: Egypt's largest steel producer, Ezz Steel, posted…

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Egypt urban inflation dips to 9 pct in year to March

By Sherine El Madany / Reuters CAIRO: The urban consumer inflation was…

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Egypt government launches CD sale to citizens abroad

By Patrick Werr / Reuters CAIRO: Egypt's government will begin selling three-year certificates…

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Greek lender EFG to sell Turkish arm to Kuwait

By Dinesh Nair / Reuters DUBAI: EFG Eurobank will sell its Turkish arm…

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Egypt sells 3- and 5-year bonds worth LE 3.5 bln

By Reuters CAIRO: Egypt's central bank said it sold LE 3.5 billion…

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CI Capital raises Egypt’s Oriental Weavers

By Reuters CAIRO: Egypt's Oriental Weavers, the world's biggest machine-woven carpet maker,…

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Suez Canal rises 3.5 pct in year to March

By Reuters CAIRO: Monthly revenue from Egypt's Suez Canal rose 3.5 percent…

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