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

Saudi plans $7 bln Egypt housing project: agency

CAIRO: A Saudi developer offered to invest up to $7 billion to…

DNE
DNE

EFG-Hermes board member Cararah resigns

CAIRO: Egypt's EFG-Hermes board member and head of brokerage Sherif Cararah has…

DNE
DNE

Egypt central bank accepts repos worth LE 8.36 bln

CAIRO: Egypt's central bank accepted LE 8.36 billion ($1.4 billion) in seven-day…

DNE
DNE

OT posts Q4 net loss of $178.8 mln

CAIRO: Egypt's Orascom Telecom (OT) posted a 2010 fourth quarter net loss…

DNE
DNE

Egypt’s index gains; real estate up

CAIRO: Egypt's main index closed higher on Tuesday as investors regained interest…

DNE
DNE

ICRC evacuates 618 migrants from Misrata

GENEVA: The International Committee of the Red Cross said it has helped…

AFP
AFP

OPEC: No shortage of crude oil in market

CAIRO: OPEC is worried about the recent surge in global oil prices…

DNE
DNE

Egypt stocks extend decline amid corruption probe

CAIRO: Egypt's benchmark stock index tumbled over 3 percent on Monday, pulling…

DNE
DNE

IMF ‘here to help’ Arab states: Strauss-Kahn

WASHINGTON: The head of the International Monetary Fund, Dominique Strauss-Kahn, said Friday…

DNE
DNE

Egyptian Islamist in Tehran talks

TEHRAN: An Egyptian Islamist and a long-time opponent of the regime of…

AFP
AFP