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

Ezz Steel full-year net profit pulled down by costs

CAIRO: Ezz Steel Co reported a 53 percent drop in full-year 2010…

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Oil prices fall on US, Europe debt fears

LONDON: Crude oil prices fell on Monday on growing fears of a…

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Egypt c.bank to offer LE 1 bln in repos on Tuesday

CAIRO: Egypt's central bank said it will offer LE 1 billion ($167.95…

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Egypt to sell first domestic bonds since uprising

CAIRO: Egypt's finance ministry will sell LE 3 billion ($503.8 million) in…

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Egypt c.bank approves Piraeus unit sale process: paper

CAIRO: Egypt's central bank has given preliminary approval for due diligence to…

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Global consumer confidence at lowest since late 2009: Nielsen

LONDON: Global consumer confidence fell in the second quarter to its lowest…

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Egypt dips on fragile political outlook

  CAIRO: The stock market benchmark index fell 1.7 percent, a day…

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Citadel Capital reports losses amid Egypt turmoil

  CAIRO: Cairo-based private equity firm Citadel Capital announced $4.5 million in…

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Egypt’s Alcotexa sells 125 tons of cotton in week

  CAIRO: Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 125…

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Trial production begins at Lecico new tile plant

ALEXANDRIA: Lecico Egypt announced the first trial production from International Ceramics, its…

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