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 foreign reserves fall $1.77 bln in January

CAIRO: Egypt's net foreign reserves fell by $1.77 billion in January, the…

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DNE

Egypt telecom tycoon Sawiris eyes new horizons

CAIRO: Egyptian telecoms magnate Naguib Sawiris wants to get back on the…

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DNE

EFG Hermes denies CEO’s connection with Port Said case

CAIRO: After EFG Hermes CEO Yasser El-Mallawany was banned from traveling earlier…

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DNE

EFG Hermes shares slide after CEO’s travel ban

CAIRO: Conflicting reports surrounded the reasons behind a travel ban on Yasser…

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DNE

IFC invests $124 mln in Medgulf to extend MENA insurance reach

CAIRO: IFC, a member of the World Bank Group, said it is…

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DNE

Egypt trims 5-year bond sale, cancels 7-year

CAIRO: Egypt's central bank sold only half the reopened five-year bonds it…

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DNE

Egypt expects tourist numbers up despite clashes

DUBAI: Egypt's Ministry of Tourism hopes to see a recovery in tourist…

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DNE

Egypt equities rebound may be part of bumpy ride

DUBAI: Egypt's post-revolution equities are cheap but still not cheerful. Valuations are…

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DNE

Investors, experts to meet at Cityscape real estate summit

CAIRO: Cityscape Next Move is gearing up to host regional and international…

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DNE

Kuwait markets steady after Islamist election win

DUBAI: Kuwaiti financial markets were steady on Sunday after the Islamist-led opposition…

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DNE