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

Nearly 3 pct of global gas supply at risk: Goldman

LONDON: Nearly 3 percent of global gas supply could be at risk…

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DNE

Slight decrease in unemployment will likely be reversed: analysts

CAIRO: Egypt’s unemployment rate reached 8.92 percent during the second quarter of…

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DNE

Bakery owners claim losses due to discrepancy in flour subsidies

CAIRO: A group of bakery owners who produce subsidized bread are claiming…

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DNE

Egypt T-bill auction sells fewer bills than planned

CAIRO: Egypt's central bank said it sold LE 3 billion ($508 million)…

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DNE

Suez Canal activity unaffected by strike: official

CAIRO: Shipping at Egypt's Suez Canal was unaffected by a strike by…

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DNE

Work resumes at Egypt free trade zones: Israel

JERUSALEM: Businesses reopened in Egypt's Qualifying Industrial Zones (QIZs), Israeli officials said…

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DNE

Mideast tourism sector braces for fallout from revolts

BEIRUT: Tourism professionals in the Middle East are bracing for fallout from…

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DNE

Egypt expects higher current account deficit in third quarter

CAIRO: Egypt's central bank (CBE) expects its current account deficit at the…

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DNE

Investors wary as stock market remains closed, GDRs drop

CAIRO: Commercial International Bank’s global depositary receipts (GDRs) dropped 15 percent in…

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DNE

Standoff between Lotus Air employees and manager almost resolved

CAIRO: The Lotus Air offices in Heliopolis have been the site of…

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DNE