Business

Business

15:15
General Motors will resume operations in Egypt on Sunday, the company said on Thursday, after temporarily halting activities earlier in the week due to its inability to source dollars amid the country's currency...
15:53
Tarek Amer
Yields on Egypt's six-month and one-year treasury bills rose at an auction on Thursday, data from the central bank showed.   The average yield on the 182-day bill rose to 11.838 percent from 11.832 percent at...
13:54
dollar vs Egyptian pound
The Egyptian pound slipped further on the black market on Thursday, piling more pressure on the central bank to devalue the currency even as the official rate against the dollar remained unchanged at an auction.  ...
12:16
Egypt's stock market fell in early trade on Thursday, erasing the previous day's gain as global bourses sagged, while Saudi Arabia's index was headed for a third straight day of losses after oil slid back...
11:06
Orascom
Egyptian firm Orascom Telecom and Technology has approved the final offer for the acquisition of CI Capital, a subsidiary of Commercial International Bank, the company said on Thursday.   OTMT, which has holdings...

Video

Spanish police arrested Egyptian businessman Hussein Salem late last week on charges of money...

Economy

Bunge Ltd is seeking to complete the delivery of a rejected cargo of French...
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