Business - Economy

Egypt postpones stock market reopening till Sunday

For the third time in two weeks, Egypt's stock exchange reopening was postponed

Egypt sells $2.2 bln worth of domestic T-bills: ECB

As demand for Egypt's debt was beaten down over political unrest, ECB reduces its treasury bill auction by 2 billion pounds

Brent crude oil climbs back above $100 on Egypt turmoil

North Sea Brent crude oil futures jumped back above $100 a barrel on Monday on worries unrest in Egypt could spread to other parts of the Middle East and north Africa, disrupting energy supplies

Where was Egypt's economy heading before the revolt?

Ahram Online examines the path the Egyptian economy was on before the uprising on 25th January

Egypt pound hits 6-year low, but market stable

As Egyptian businesses cranks back into action with banks opening and factories producing, the economy faces a testing time with confidence low

Egypt turmoil spurs Saudi market outflows

Foreigners withdrew more than 1 billion riyals from Saudi Arabia's markets as unrest in Egypt fueled concern about the stability of the region, a top executive at Jadwa Investment Bank said

Qatar conventional banks to close down Islamic branches by end of 2011

The Central Bank of Qatar has asked conventional banks in the country to close down their Islamic banking branches by the end of 2011

Political turmoil puts Orascom Telecom, Vimpelcom merger at risk: Beltone

The ongoing uncertainty surrounding Egypt's political future has created a further stumbling block to the already complicated deal

Egyptian pound weakens slightly in early trade

On the second day after a week-long closure, Egyptian pound's trading is still on low volume

Cheap Egypt assets attractive but not yet: funds

Most of fund managers are not ready to buy Egyptian securities just yet despite steep falls

Customers queue at Egypt banks after protests

First day of opening in a week amid Fears of panicked withdrawals

Egypt's GASC seeks wheat, first tender in a month

Egypt's main state wheat buyer returned to global markets on Friday after an absence of nearly a month to buy supplies of the grain

Egyptian turmoil helping to lift oil, food prices

The standoff in Egypt and uncertainty about where it will lead is causing global economic jitters and is already pushing up the price of oil and food

Egypt finance minister says unrest losses huge

Egypt has suffered huge economic losses during political protests that broke out 10 days ago but the government is committed to meeting its financial obligations, finance minister said on Friday

Oil price keeps above $102, with all eyes on Egypt

World oil prices held above $102 on Friday, with the market under persistent pressure from the ongoing political crisis in Egypt

Egypt banks to allow transfers, limit cash withdrawals

In a step that might allow money flee, Egypt's central bank announced allowing unlimited transfers abroad starting Sunday

Egypt central bank holds interest rates stable despite protests

Egypt's central bank kept its key overnight interest rates steady on Thursday, in line with analyst forecasts in an poll taken before unprecedented protests broke out nationwide this week

Egypt's trade minister flies back to Egypt before explosion at Davos

Gamal Mubarak and Minister of Finance Youssef Boutros Ghali miss this year's event

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