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

Orascom Tel says to raise $2.4 bln

CAIRO: Egypt's Orascom Telecom said on Monday it was seeking to raise…

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Egypt to raise threshold for taxable housing units

CAIRO: Egypt is due to amend the controversial real estate tax law…

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Egypt FA calls emergency meeting

CAIRO: Egyptian Football Association president Samir Zaher has called an emergency meeting…

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Egypt index ends slightly higher after early surge

CAIRO: Egypt’s broad EGX 100 index closed 2.07 percent higher on Monday,…

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Egypt Misr Cement Qena to distribute 16 EGP dividend

CAIRO: Egypt's Misr Cement Qena said on Sunday it will distribute LE…

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GDP to drop to 2-3.3 pct this year, say experts

CAIRO: Egypt’s gross domestic product could possibly slow down to 2 percent…

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GASC quells concerns of food crisis as vegetable prices rise

CAIRO: Two months after protests started culminating in the ousting of former…

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Main stock index ends 4-day losing streak, up 5.3 pct

CAIRO: Egypt's benchmark index, EGX30, snapped a four-day losing streak and closed…

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Invest AD asset management arm buying Egypt stocks

LONDON: Abu Dhabi-owned Invest AD's asset management arm has been buying Egyptian…

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Egypt sells T-bills worth LE 5 bln

CAIRO: Egypt's central bank said it sold LE 5 billion ($841 million)…

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