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 seeks capital injection

To help offset a rising budget deficit — amid falling foreign investment…

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Egypt foresees $31 bln deficit in next fiscal year

CAIRO: Egypt's budget deficit could hit LE 185 billion pounds ($31 billion)…

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Greek investors eyeing Egypt

CAIRO: A hopeful Spyros Kouvelis, Greece’s deputy foreign minister, said Thursday that…

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Oil steady after surprise US crude stocks drop

LONDON: Oil prices were little changed on Thursday, holding on to gains…

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Orascom results boost Egypt index

CAIRO: Egypt's main index rose 1.2 percent, boosted by heavyweight Orascom Telecom…

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Juhayna reports 17 pct slide in Q1 net

CAIRO: Egyptian dairy and juice maker Juhayna Food Industries Co reported on…

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Orascom Telecom Q1 profit soars to $813 mln

CAIRO: Egyptian mobile operator Orascom Telecom's said on Wednesday its net income…

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Iraq, Egypt near $1 bln deal on worker compensation

CAIRO: Egypt and Iraq are close to a deal on compensation estimated…

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Egypt to raise diesel, natural gas subsidies 50 pct

CAIRO: Egypt says it plans to increase diesel fuel and natural gas…

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Orascom Telecom says will not pay 2010 dividend

CAIRO: Egyptian group Orascom Telecom will not pay a dividend for 2010…

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