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Business
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Markets & Companies
12/3/2023 4:45:00 PM
The Egyptian Exchange (EGX) started the week with mixed performance, while the main index ended Sunday in the red territory, causing the market cap to lose EGP 11 billion.
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Business
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Economy
11/30/2023 10:43:43 PM
Benchmark U.S. crude oil for January delivery fell $1.90 to $75.96 per barrel Thursday. Brent crude for January delivery fell 27 cents to $82.83 per barrel.
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Business
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Markets & Companies
11/30/2023 3:37:37 PM
The Egyptian Exchange (EGX) ended the week as it started it; with mixed performance. The main index closed in the red territory for the third session in a row. Gold prices also tumbled on Thursday.
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Business
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Markets & Companies
11/29/2023 4:42:11 PM
The Egyptian Exchange (EGX) indices ended with a negative performance on Wednesday, marking a second day of market cap loss. In contrast, gold prices keep rising.
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Business
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Markets & Companies
11/28/2023 3:39:15 PM
The main index of the Egyptian Exchange lost nearly 800 points on Tuesday, leading the market to suffer an EGP 34 billion loss in market capitalization. Gold prices remained at yesterday’s levels.
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Business
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Markets & Companies
11/27/2023 4:17:02 PM
The Egyptian Exchange (EGX) indices returned to their active performance on Monday, and the main index recorded a new all-time high, approaching 26,000 points.
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Business
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Economy
11/27/2023 2:52:44 PM
Egypt’s General Authority for Investments and Free Zone (GAFI) announced launching the first phase of the single-window approval “Golden License” online portal in English and Arabic, according to a cabinet statement on Monday.
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Business
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Markets & Companies
11/26/2023 4:28:57 PM
The Egyptian Exchange (EGX) indices started the week with mixed performance and the market cap lost EGP 9 billion, while gold prices rose and the 24 carats reached EGP 3,189 per gram.
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Business
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Markets & Companies
11/26/2023 4:28:43 PM
Master Gold Egypt launched the first ATM in Egypt selling gold bars in partnership with local e-payment technology company Finway, according to a statement on Sunday.
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Business
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Markets & Companies
11/26/2023 3:53:54 PM
APM Investment Holdings, a subsidiary of the Egyptian ASEC Company for Mining (ASCOM), sold 35 percent of its share in Kurmuk Gold Project in Ethiopia to Allied Gold Corporation (AGC), a Canadian company, for a total of $99.6 million, according to a bourse filing on Sunday.
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Business
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Economy
11/26/2023 1:55:25 PM
The Egyptian Mineral Resources Authority (EMRA) signed an agreement with Canadian Lotus Gold Corporation for exploration concessions on 525 square kilometres with $2.5 million in investments, according to a ministerial statement on Sunday.
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Business
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Markets & Companies
11/23/2023 7:24:36 PM
The Egyptian Exchange (EGX) broke yesterday’s historic records and the main index recorded a new all-time-high on Thursday, surpassing 25,500 points. Gold prices declined, but stayed at the highest levels in months.
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Business
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Economy
11/22/2023 11:50:32 PM
The gold holdings of the Central Bank of Egypt (CBE) increased by 6 percent to EGP 249.64 billion ($8.08billion) in October from EGP 235.64 billion ($7.63 billion) in September, according to the monthly balance sheet released on Wednesday.
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Business
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Markets & Companies
11/22/2023 3:45:37 PM
The Egyptian Exchange (EGX) ended Wednesday with more gains and the main index exceeded 25,000 points for the first time in its history. Gold remained at yesterday’s levels.
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Business
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Economy
11/21/2023 11:25:27 PM
Benchmark US crude oil for January delivery fell 6 cents to $77.77 per barrel Tuesday. Brent crude for January delivery rose 13 cents to $82.45 per barrel.
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Al-Ahram Weekly
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Heritage
11/21/2023 7:55:06 PM
The capital city of New South Wales is falling under the spell of the ancient Egyptians with the visit of the Ramses and the Gold of the Pharaohs exhibition, reports Nevine El-Aref
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Business
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Markets & Companies
11/21/2023 3:47:18 PM
The Egyptian Exchange (EGX) indices end Tuesday slightly higher and the main index returned to a level near its all-time high. Gold prices surged and the 24-carat per-gram price hit a new peak at EGP 3,189.
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Business
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Markets & Companies
11/20/2023 4:10:18 PM
The Egyptian Exchange (EGX) ended in the red on Monday. Gold prices rose and the gold pound coin reached EGP 21,880 for purchase.
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Business
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Markets & Companies
11/19/2023 3:35:43 PM
The Egyptian Exchange (EGX) started the week by breaking records; the main index EGX30 ended at a new all-time high of nearly 24,900 points. Gold prices inched higher and the 24-carat gold reached EGP 3,109 per gram.
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Antiquities
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Ancient Egypt
11/17/2023 11:40:31 AM
The 'Ramses and the Gold of the Pharaohs' exhibition opened in Sydney on Thursday showcasing priceless artefacts of King Ramses II.
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