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Business - Economy
1/23/2024 3:38:14 PM
Stock markets diverged and oil prices retreated Tuesday as Chinese officials reportedly mull action to bolster its flagging economy.

Business - Economy
1/22/2024 7:16:01 PM
Egypt has lost about $150 million in Suez Canal revenue due to ongoing Red Sea disruptions, according to Bloomberg’s Chief Emerging Markets Economist Ziad Daoud.

Business - Markets & Companies
1/22/2024 3:05:22 PM
The Egyptian Exchange (EGX) indices and gold prices reached new record levels on Monday. The main index EGX30 surpassed 28,050 points and the 21-carat gold exceeded EGP 3,585 per gram.

Business - Economy
1/22/2024 2:40:20 PM
Egypt may devalue the Egyptian pound to bridge the gap with its traded rate in the parallel market, said Fakhry El-Fiqi, head of the Planning and Budget Committee in the House of Representatives.

World - War in Ukraine
1/21/2024 9:56:00 PM
Artillery shells struck a suburb of the Russian-occupied city of Donetsk in eastern Ukraine Sunday, killing at least 27 people, including many at a crowded market, Moscow-backed officials said.

Business - Markets & Companies
1/21/2024 3:34:15 PM
The Egyptian Exchange (EGX) indices reached record levels on Sunday and the main index surpassed 27,700 points for the first time in its history.

Business - Economy
1/18/2024 11:00:31 PM
Benchmark U.S. crude oil for February delivery rose $1.52 to $74.08 per barrel Thursday. Brent crude for March delivery rose $1.22 to $79.10 per barrel.

Business - Markets & Companies
1/18/2024 7:53:42 PM
The Egyptian Exchange (EGX) indices exhibited outstanding performance during the third week of 2024, overcoming last week's fluctuations and surging by more than five percent, driven by the real estate and basic resources sectors.

Business - Markets & Companies
1/18/2024 4:25:38 PM
The Egyptian Exchange (EGX) ended the last session of the week in the green territory and the EGX100 index exceeded the 9,000-point threshold for the first time.

Business - Markets & Companies
1/17/2024 3:32:07 PM
The Egyptian Exchange (EGX) indices ended Wednesday in the red territory and the market cap lost EGP 5 billion.

Al-Ahram Weekly - Economy
1/16/2024 9:32:07 PM
How will the exclusion of Egyptian government bonds from the JP Morgan emerging market bond indices affect the country, asks Sherine Abdel-Razek

Al-Ahram Weekly - Features
1/16/2024 8:07:29 PM
Sarah Elhosary reports on rising prices in Egypt’s clothing industry and their effects on manufacturers, dealers, and customers in the second of two articles

Business - Markets & Companies
1/16/2024 4:36:00 PM
The USD parallel market rate, EGX indices, and gold prices reached new record highs on Tuesday.

Egypt - Society
1/16/2024 12:32:26 PM
Egypt’s Ministry of Labour has launched the “Mehany 2030” project to equip youth with the skills required for the job market, both domestically and internationally.

Business - Markets & Companies
1/15/2024 3:50:15 PM
The Egyptian Exchange (EGX) indices ended in the green for the second day in a row, and the market cap gained EGP 19 billion.

Business - Economy
1/15/2024 2:58:45 PM
European markets opened lower while Asian markets were mostly higher on Monday as the week got off to a mixed start.

Business - Economy
1/15/2024 10:31:07 AM
Asian shares were mostly higher on Monday, with Tokyo extending its New Year rally, as China’s central bank kept its one-year policy loan interest rate unchanged.

Business - Markets & Companies
1/14/2024 4:33:18 PM
The USD has approached a new high of EGP 57 in the parallel market in Egypt, while gold prices started the week with EGP 100 jumps in the gram price of different carats.

Sports - World
1/13/2024 4:47:13 PM
Paris Saint-Germain coach Luis Enrique says he doesn't need to replenish his squad in the transfer market despite the French champions missing a number of players.

Business - Economy
1/11/2024 10:36:34 PM
Wall Street is slipping Thursday after a warmer-than-expected report on inflation forced some investors to push back forecasts for when the Federal Reserve could deliver long-sought cuts to interest rates.

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