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

Egypt’s main index drops 6 pct, pound reaches 6-year low

CAIRO: Egypt’s benchmark EGX 30 index dropped more than 6 percent Wednesday,…

DNE
DNE

More PPP models in Mideast healthcare sector, says report

CAIRO: Public-private partnerships are increasingly emerging as a model for financing and…

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DNE

Compass Capital acquires pharmaceutical company for $40 mln

CAIRO: Investment firm Compass Capital has acquired 10th of Ramadan for Pharmaceutical…

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DNE

Egypt expects to up energy subsidies, maintain food subsidies

CAIRO: Atef Malash, head of the finance ministry's state budget sector, announced…

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DNE

Drake & Scull wins $126 mln tourism deal in Egypt

Drake & Scull International, the Dubai-based engineering contractor, won a 465 million…

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DNE

PwC sees mid-single digit growth in yr to end-June

Global accounting firm PricewaterhouseCoopers expects mid-single digit percentage growth this financial year…

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DNE

Surging c/a deficit makes Turkey more vulnerable

ISTANBUL: Turkey's surging current account deficit makes the country more vulnerable to…

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DNE

Saudi to raise wheat reserves, boost storage

RIYADH: Top OPEC exporter Saudi Arabia hopes to double wheat reserves to…

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DNE

Dubai keeps aiming for skies with “highest” restaurant

DUBAI: Dubai's boom may have fizzled, but you can still live the…

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DNE

Orascom Devt says has 99.66 pct of OHD after buy-out

Property developer Orascom Development has secured 99.66 percent of shares in its…

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DNE