Business

Egypt's central bank kept the pound steady at 7.53 to the dollar at a foreign exchange auction on Thursday, while…

Kuwait's Al Ahli Bank will pay about US$150 million to acquire 98.5 percent of the Egyptian unit of Greece's Piraeus…

The Egyptian Housing Ministry is expected to finalize the contracts of two of the memoranda of understanding (MOU) signed during…

Juhayna Food Industries, one of Egypt's largest dairy product and juice makers, will form a joint venture with Denmark's Arla…

Egypt's market closed in the red zone during Wednesday's session, as the benchmark EGX30 Index went down 0.58 percent reaching…

A group of nine banks have offered to provide Egypt’s New Urban Communities Authority (NUCA) with a LE5.4 billion (US$700…

BP has increased its share in the $12 billion West Nile Delta gas field in Egypt to above 80 percent…

Dubai's Emaar Properties plans to list a 13 percent stake in its Egyptian unit on Cairo's stock exchange, the largest…

Though families businesses are the locomotive of development in Egypt and the Middle East, only 3 percent are capable of continuing until…

Oil prices fell on Tuesday as a global supply glut and soft demand overshadowed the impact of geopolitical tensions in…