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Business - Markets & Companies
8/11/2024 5:48:55 PM
Egypt Financial Regulatory Authority (FRA) announced that it has completed the regulatory requirements, in collaboration with the Ministry of Environment, for launching the first organized and monitored market by supervisory authorities for voluntary carbon emissions reduction certificates.

Opinion -
8/9/2024 7:31:30 PM
In 1971, US Treasury Secretary John Connally famously told his counterparts in the G10 that “the dollar is our currency, but it’s your problem.”

Business - Economy
8/8/2024 1:15:48 PM
Most stock markets fell Thursday after a sell-off on Wall Street, with analysts warning the volatility that has roiled markets this week still has some time to run as traders fret over the global economy.

Business - Markets & Companies
8/8/2024 9:00:26 AM
The Egyptian stock exchange ended its trading Wednesday with a collective rise in its indices, achieving market gains amounting to EGP 32 billion -- bringing the market capitalization to EGP 1.954 trillion -- compared to EGP 1.922 trillion at the close on Tuesday.

Opinion -
8/7/2024 3:23:01 PM
No one doubts that many of the world’s biggest challenges – such as mitigating climate change, strengthening financial-market stability, and boosting economic growth in developing and emerging economies – are deeply intertwined.

Business - Markets & Companies
8/6/2024 2:59:31 PM
The Egyptian Credit Bureau (Iscore) has introduced its new “Market Analytical Data” platform, designed to help banks evaluate, monitor, and analyze the performance of their loan portfolios in comparison to the banking sector and competitors over 12 months, according to the company's announcement.

Business - Economy
8/6/2024 2:20:29 PM
Minister of Finance Ahmed Kouchouk emphasized to the Ambassador of Japan to Egypt Oka Hiroshi during their meeting on Monday that Japanese investors can benefit from the competitive economic opportunities in the Egyptian market.

Business - Economy
8/6/2024 9:02:04 AM
Egypt’s Stock Exchange (EGX) continued to decline at the end of Monday’s session, with the mean index settling at 27,840.6 points, recording a market cap loss of EGP 56 billion.

Business - Economy
8/5/2024 9:56:16 PM
Global stock markets have been in panic mode since last week when a weak US jobs report triggered something called "the Sahm Rule", a reliable indicator that the economy is in recession.

Business - Economy
8/5/2024 6:35:57 PM
Nearly everything on Wall Street is tumbling Monday as fear about a slowing US economy worsens and sets off another sell-off for financial markets around the world.

Business - Economy
8/5/2024 10:06:38 AM
Japan’s benchmark Nikkei 225 stock index plunged 12.4% on Monday in the latest bout of sell-offs that are shaking world markets as investors fret over the state of the U.S. economy.

Business - Economy
8/2/2024 5:43:14 PM
The US jobs market cooled much more than expected in July with the unemployment rate reaching the highest since late 2021, government data showed Friday, paving the way towards post-pandemic interest rate cuts.

Business - Economy
8/2/2024 1:42:15 PM
World shares tumbled Friday, with Japan’s Nikkei 225 index slumping 5.8% as investors panicked over signs of weakness in the U.S. economy.

Advertising - Sponsored
7/27/2024 4:28:00 PM
The cryptocurrency market which is characterized by high volatility and fast development has gained the interest of a wide circle of investors.

Life & Style - Health
7/26/2024 5:56:17 PM
Europe's medicines watchdog on Friday rejected a marketing request for a new Alzheimer's disease treatment, saying the risks of the medicine's side effects, including potential brain bleeding, outweighed the benefits.

Business - Economy
7/23/2024 6:25:27 PM
UAE Ambassador to Egypt Mariam Khalifa AlKaabi said Egypt has the potential to transform into a commercial and production hub to cover the needs of the European and African markets.

Business - Markets & Companies
7/21/2024 10:59:23 PM
The local market witnessed a surge in potato prices, ranging from EGP 13.5 to EGP 18.5 per kilo, on Saturday at El-Obour market, one of Egypt's largest wholesale fresh vegetable and fruit markets for consumers and traders.

Egypt - Tourism
7/20/2024 5:11:34 PM
The Ministry of Tourism and Antiquities has launched a two-month campaign under the slogan “Egypt Alive 365” to promote Egyptian tourist attractions in the Arab market during the current summer season.

Business - Economy
7/18/2024 2:56:14 PM
In a meeting with Minister of Public Business Sector Mohamed Shimy to discuss cooperation options and investment opportunities between Norway and Egypt, Norwegian ambassador to Egypt Hilde Klemetsdal stated Thursday that Norwegian companies are highly interested in expanding their investment in the Egyptian market.

Business - Markets & Companies
7/17/2024 3:08:52 PM
Europe's stock markets slid Wednesday as stronger-than-expected UK inflation data doused hopes of a British interest rate cut any time soon.

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