Business

Emirati real estate giant Arabtec has said that negotiations are still ongoing with the Egyptian government for a one-million-home project,…

Egypt's largest steel maker Ezz Steel's net loss in the first quarter of 2015 increased to LE136 million ($17 million)…

 Kuwait's Al Ahli Bank received approval from the Egyptian Financial Supervisory Authority (EFSA) to acquire a controlling stake in Piraeus…

Egypt will lower the top tax rate and threshold for companies and individuals in high income brackets and freeze a…

Tourism to Egypt increased by 4.4 percent in June, according to a government report which said the number surged from…

Egypt will issue a 1-year treasury bill worth 600 million euros to local and foreign financial institutions on Aug. 25,…

Egypt's market extended its heavy losses on Wednesday's session, as the benchmark EGX30 index fell 2.13 percent, recording 7,240.77 points…

Saudi Arabia's stock market appeared to be stabilising in early trade on Wednesday but Egypt's bourse fell further after moving…

Oriental Weavers, the world's biggest machine-woven carpet maker, said on Wednesday it was not engaging in monopolistic practices, a day…

Egypt's competition watchdog has accused carpetmaker Oriental Weavers of "monopolistic practices" and has referred it to the public prosecutor.It could…