Business

EFG Hermes, one of the Middle East's largest investment banks, confirmed early signs for the recovery of the Egyptian economy…

Egypt will pay Qatar back a US$2.5 billion the oil-rich kingdom had deposited at the Central Bank of Egypt under…

Swedish multinational provider of communications, Ericsson has been chosen by Mobinil to enhance the Egyptian telecommunication company’s network providing improved…

Negotiations to implement a $40 billion scheme for one million new homes in Egypt have been slowed by board changes…

UAE's Abraaj Investment Management said on Wednesday it would raise its price for Egyptian cake and biscuit maker Bisco Misr…

HSBC will refund customers across five countries in the Middle East and North Africa for charging them excessive foreign currency…

Egyptian Federation for Construction and Building Contractors CEO Hassan abdel Aziz has highlighted importance of the sector to achieve economic…

Kellogg Co, the world's biggest breakfast cereal maker, has offered 908.5 million Egyptian pounds ($127 million) for Egyptian cake and…

Orascom Development Holding is evaluating the sale of 10–15 percent of its subsidiary, Orascom Hotels and Development (OHD), to reactivate…

The International Monetary Fund (IMF) estimates that Egypt's budget deficit will reach about 11 percent of GDP in 2014/15, as…