Latest Business News
Egypt overshadows economic recovery, oil rises
World shares struggled to eke out more gains on Wednesday as wariness…
Moody’s downgrades five Egyptian banks
CAIRO: Moody's Investors Service downgraded the ratings for five Egyptian banks while…
Heineken halts production in Egypt
By Marijn Wellink and Aaron Gray-Block/Reuters AMSTERDAM: Dutch brewer Heineken NV said…
Egypt wheat shipments, sales continue normally
CAIRO: Egypt, the world's biggest wheat importer, said on Monday grain cargoes…
Local economy struggles as political unrest enters day seven
By Sarah Daoud and Christopher Le Coq CAIRO: Throughout Egypt, small businesses…
Nikkei falls; Egypt riots spark shift out of stocks
By Ayai Tomisawa /Reuters TOKYO: Japan’s Nikkei fell 1.2 percent on Monday…
Analysis: Investors face risks however Egypt plays out
By Peter Apps/Reuters LONDON: If President Hosni Mubarak clings to power, investors…
Political crisis leaves Egyptian economy in jeopardy
World markets have been reacting strongly to the violent protests in Egypt…
Protests jolt Egypt’s stock market to second biggest drop in history
CAIRO: Egypt’s main EGX 30 index closed 10.52 percent lower on Thursday,…