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

EasyJet CEO says no hit from euro zone crisis: paper

FRANKFURT: Low-cost airline EasyJet (EZJ.L) has felt no impact on its business…

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DNE

Egypt annuls 1990s deal to sell state company

CAIRO: An Egyptian administrative court has ruled that the sale of a…

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DNE

Repeat MSCI snub to Gulf shows extent of investor angst

DUBAI: Index compiler MSCI's latest snub to the United Arab Emirates and…

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DNE

Investors’ cash grab shreds gold’s safe-haven status

LONDON: Investors' dash for cash has overwhelmed gold's traditional status as a…

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DNE

Egypt has not requested IMF loan: IMF spokesman

WASHINGTON: Egypt has not requested an International Monetary Fund financing, an IMF…

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DNE

US wheat suppliers eye more Egypt sales

CAIRO: US grain suppliers are likely to start winning tenders to sell…

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DNE

Egypt’s stock market virtually unchanged

CAIRO: Egyptian shares were mixed on Thursday, with Eastern Company gaining after…

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DNE

Ezz Steel says H1 net profit drops 79 pct

CAIRO: Ezz Steel, Egypt's biggest steelmaker, posted a 79 percent drop in…

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DNE

Eastern Company plans to double capital

CAIRO: Egyptian cigarette monopoly Eastern Company's board has sought approval to double…

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DNE

Lawmaker urges US pursue trade pact with Egypt

CAIRO: A top Republican lawmaker urged President Barack Obama's administration on Wednesday…

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DNE