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’s first GIS-enabled information portal

CAIRO: After spending over three years painstakingly mapping out the country’s streets,…

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DNE

IEA announces 60 million barrel oil stock release

PARIS: Industrialized oil consumer nations on Thursday announced the release of 60…

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DNE

Gulf markets down on low buying interest; Egypt up

DUBAI/CAIRO: Lack of buying interest weighed on Gulf markets on Thursday, while…

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Cabinet approves LE 490.6 billion budget, boosts social spending

CAIRO: Egypt's Cabinet approved a budget for fiscal year 2011-2012 on Wednesday,…

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DNE

Debate over foreign loans intensifies in Egypt

CAIRO: Even though news about Egypt rejecting a loan from the World…

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DNE

Oil retreats on caution ahead of Fed meeting

LONDON: Oil fell on Wednesday, with investors cautious ahead of a US…

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DNE

Lecico’s bonus issue will increase shares to 80 mln

CAIRO: Lecico Egypt’s will distribute a 33.33 percent bonus issue on July…

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DNE

Egypt index down 1 pct, Dubai falls after MSCI delay

DUBAI/CAIRO: Egypt’s index fell 1 percent on Wednesday as concern that stock…

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DNE

Citadel starts talks on possible buy-out

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

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DNE

Egypt, India plan $160 mln PET plant in Ain Sokhna

CAIRO: A joint Indian-Egyptian venture will see the construction of a polyethylene…

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