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Business
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Markets & Companies
6/6/2023 5:36:28 PM
Gold prices continued dropping on Tuesday, and Exchange's benchmark, EGX30, inched up 0.84 percent.
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Business
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Economy
6/5/2023 12:50:35 PM
Markets built on a global rally Monday after a mixed US jobs report lifted hopes the Federal Reserve will skip an interest rate hike this month, while oil extended gains after Saudi Arabia slashed output.
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Al-Ahram Weekly
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Egypt
6/2/2023 3:07:00 PM
Egypt continues to build up its wheat stocks both locally and from abroad.
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Business
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Markets & Companies
6/1/2023 7:09:04 PM
Wall Street stocks saw a mixed opening on Thursday after US lawmakers voted to pass a deal on the debt limit, marking a crucial first step to avert a catastrophic default.
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Business
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Markets & Companies
6/1/2023 7:08:33 PM
The Egyptian Exchange's (EGX) indices saw very active trading during the week ending 1 June, while the market capitalization gained EGP 35 billion.
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Business
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Markets & Companies
6/1/2023 5:39:41 PM
Gold continues its recovery on Thursday, while the Egyptian Exchange's market cap gained around EGP 3 billion.
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Business
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Economy
5/31/2023 9:05:40 PM
Both the gold and stock markets saw negative performance on Wednesday; the gold pound lost EGP 80 of its value while the bourse's benchmark incurred a slight decrease of 0.22 percent.
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Business
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Economy
5/31/2023 5:40:22 PM
Stocks are slipping on Wall Street as a frenzy around artificial intelligence runs out of steam and worries rise about the strength of the global economy
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Business
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Markets & Companies
5/30/2023 6:57:50 PM
Chip company Nvidia exceeded $1 trillion in market value Tuesday as Wall Street stocks mostly rose, following an agreement between President Joe Biden and Republican House Speaker Kevin McCarthy to avoid a US debt default.
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Business
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Markets & Companies
5/30/2023 6:44:39 PM
The price of gold increased by EGP 160. The Egyptian Exchange's market capitalization gained EGP 19 billion
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Business
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Markets & Companies
5/25/2023 9:09:46 PM
The Egyptian Exchange's (EGX) indices ended in the green after fluctuations caused by profit-taking during the week that ended on 25 May.
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Business
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Markets & Companies
5/22/2023 5:15:53 PM
The Egyptian Exchange ended in the red on Monday, while gold kept recovering following a sharp decline last week.
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War in Sudan
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War in Sudan
5/22/2023 10:37:55 AM
Sudan's war has left farmers of gum arabic, a vital ingredient for global industry including fizzy drinks, bereft of local buyers but a trade group assures global stocks are -- for now -- sufficient.
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Business
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Markets & Companies
5/17/2023 2:35:39 PM
The haven dollar climbed and global stock markets wavered Wednesday as investors fretted over the slow progress of talks seeking to raise the US debt ceiling.
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Business
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Economy
5/7/2023 8:22:51 PM
The Egyptian Exchange (EGX) has denied permitting trading in gold and aluminium on the market during the second half (H2) of 2023, emphasizing that the EGX website will provide gold prices only.
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Business
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Markets & Companies
5/4/2023 3:53:58 PM
European stock markets slid Thursday after the Federal Reserve again hiked US interest rates to fight elevated inflation while hinting the next move could be a pause.
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Business
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Markets & Companies
5/3/2023 11:15:06 PM
Stocks are shifting lower Wednesday after the Federal Reserve announced its latest hike to interest rates but hinted the end to them may be near.
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Business
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Markets & Companies
5/2/2023 5:40:55 PM
European and US stock markets slid while the dollar mostly firmed Tuesday as focus turned to the US Federal Reserve which kicked off a two-day meeting Tuesday morning to decide whether to raise its benchmark lending rate for a 10th, and possibly final, time to tackle rising prices.
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Business
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Economy
4/14/2023 3:19:28 PM
Wall Street held steady in premarket trading Friday as some of the nation's biggest banks posted strong first-quarter profits one day after markets surged on reports of slowing inflation.
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Business
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Economy
4/13/2023 9:59:45 PM
Benchmark U.S. crude oil for May delivery fell $1.10 to $82.16 a barrel Thursday. Brent crude for June delivery fell $1.24 to $86.09 a barrel.
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