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

Alex Cement Q1 net profit drops 34 pct

CAIRO: Egypt's Alexandria Cement posted a 34 percent fall in consolidated net…

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DNE

Nasr City Housing to start project: paper

CAIRO: Egyptian property developer Nasr City Housing is preparing to start work…

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DNE

Egypt gets short-term relief, investors still wary

CAIRO: Billions of dollars in aid for Egypt will offer short-term relief…

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DNE

Egypt court bars some state bodies from land sales

CAIRO: A court has scrapped presidential decrees that allowed some Egyptian state…

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DNE

Egypt cbank to offer LE 8 in repos Tuesday

CAIRO: Egypt's central bank said it will offer LE 8 billion ($1.345…

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DNE

Brent oil, below $115, heads for monthly fall

LONDON: Brent crude oil fell below $115 a barrel on Monday, heading…

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DNE

Egypt payments balance plunges into deficit in Q1

CAIRO: Egypt's balance of payments swung into a deficit of $6.1 billion…

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DNE

Egypt, Sudan meet to discuss economic cooperation

CAIRO: An Egyptian-Sudanese committee announced plans to establish an industrial zone in…

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DNE

US investors to seek legal action against Egypt to resume Israel gas flow

CAIRO: US investors in the East Mediterranean Gas Co. (EMG) are seeking…

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DNE

Egypt says agrees $3 bln IMF loan

CAIRO: Finance Minister Samir Radwan said on Monday that Egypt has agreed…

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DNE