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

Oil around $107, impact of IEA release fades

LONDON: Oil's sharp sell-off paused on Friday as the impact of a…

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ANALYSIS: Egypt likely to hold off on foreign bond sale

  CAIRO: Egypt is unlikely to tap the international bond market in…

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Marriott outlines plans for Egypt venues

CAIRO: Despite a 60-70 percent decrease in occupancy during this season, Marriott…

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Egypt’s first GIS-enabled information portal

CAIRO: After spending over three years painstakingly mapping out the country’s streets,…

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DNE

IEA announces 60 million barrel oil stock release

PARIS: Industrialized oil consumer nations on Thursday announced the release of 60…

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Gulf markets down on low buying interest; Egypt up

DUBAI/CAIRO: Lack of buying interest weighed on Gulf markets on Thursday, while…

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Cabinet approves LE 490.6 billion budget, boosts social spending

CAIRO: Egypt's Cabinet approved a budget for fiscal year 2011-2012 on Wednesday,…

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Debate over foreign loans intensifies in Egypt

CAIRO: Even though news about Egypt rejecting a loan from the World…

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Oil retreats on caution ahead of Fed meeting

LONDON: Oil fell on Wednesday, with investors cautious ahead of a US…

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Lecico’s bonus issue will increase shares to 80 mln

CAIRO: Lecico Egypt’s will distribute a 33.33 percent bonus issue on July…

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