Latest Business News
Iran hikes gasoline price four-fold as subsidies cut
TEHRAN: The price of gasoline will rise four-fold in Iran in the…
Mercosur inks tariff deal with Egypt, others
FOZ DO IGUACU: South America's Mercosur trade partners signed a preferential tariff…
Egypt’s central bank leaves key interest rates unchanged
CAIRO: Egypt's central bank kept its key overnight interest rates steady on…
Egypt to receive $100 mln World Bank loan to modernize irrigation
CAIRO: The World Bank approved Thursday a $100 million loan to support…
Hellenic Petrol sells drilling rights in Egypt
ATHENS: Greece's biggest refiner Hellenic Petroleum has sold rights to drill for…
Libya to fund most of $20 bln Egypt housing project
Libya will bankroll most of a LE 116 billion real estate project…
Egypt to allow short-staple cotton imports: paper
Egypt is planning to allow imports of short-staple cotton to meet the…
HDB nine-mth profit down 13.3 pct
Egyptian lender Housing and Development Bank (HDB), preparing for a possible merger,…
GB Auto ends talks with Tata Motors
GB Auto, Egypt's biggest listed automobile assembler, said on Thursday it had…
Marks & Spencer: Now open in Cairo
Shoppers in Egypt, rejoice. Marks & Spencer has opened its doors in…