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Business
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Tech
12/10/2023 5:43:20 PM
Dahab Masr has signed a cooperation protocol with GuRow, a financial technology application, to develop the gold market through artificial intelligence (AI) techniques and accurate data analysis, according to a recent statement by Dahab Masr.
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Business
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Markets & Companies
12/10/2023 3:35:08 PM
The Egyptian Exchange (EGX) indices plunged on Sunday and the market cap lost EGP 36 billion. On the other hand, gold prices inched higher and the purchase price of gold coin pound rose EGP 120.
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Business
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Economy
12/10/2023 1:03:15 PM
Egypt’s annual headline inflation decelerated to 36.4 percent in November, down from 38.5 percent a month prior, according to the data released by the Central Agency for Public Mobilization and Statistics (CAPMAS) on Sunday.
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Business
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Economy
12/7/2023 10:13:34 PM
Amidst great scarcity and inflated prices of sugar in many areas across Cairo, Fathy Mohamed, a 31-year-old Egyptian, wanders the capital as he struggles to bring a couple of kilos of sugar back to his family.
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Business
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Markets & Companies
12/7/2023 4:34:50 PM
The Egyptian Exchange (EGX) indices ended all in the red for the second day in a row on Thursday. Gold prices rose slightly and the value of the golden pound coin gained by EGP 40.
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Business
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Markets & Companies
12/6/2023 5:18:27 PM
Global physically backed gold exchange-traded funds (ETFs) declined by $920 million, or nine tons, month-on-month, in November, to 3,236 tons, despite the latest gains in gold prices, according to a report by the World Gold Council, (WGC).
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Business
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Markets & Companies
12/6/2023 3:23:51 PM
The Egyptian Exchange (EGX) indices ended all in the red on Wednesday and the main index EGX30 lost more than 400 points.
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Business
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Markets & Companies
12/5/2023 11:55:06 PM
Benchmark US crude oil for January delivery fell 72 cents to $72.32 per barrel Tuesday. Brent crude for February delivery fell 83 cents to $77.20 per barrel.
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Al-Ahram Weekly
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Egypt
12/5/2023 9:33:13 PM
More and more people will soon be able to buy bread from state bakeries at subsidised prices, reports Amira Hisham
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Al-Ahram Weekly
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Features
12/5/2023 8:54:54 PM
The Ministry of Agriculture is developing new strains of rice that can save water and have higher yields as a solution to shortages and increasing prices in the marketplace, writes Mai Samih
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Business
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Economy
12/5/2023 8:23:06 PM
Gold prices experienced a slight decline on Tuesday, trading $100 below the previous session's record high, as investors are eagerly awaiting upcoming US economic data, which could potentially impact the Federal Reserve's rate outlook.
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Business
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Markets & Companies
12/5/2023 4:18:15 PM
The Egyptian Exchange (EGX) indices had mixed performance on Tuesday and the market cap lost EGP 6 billion.
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Business
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Economy
12/5/2023 1:14:17 PM
Egypt’s Purchasing Managers Index (PMI) for the non-oil private sector rose slightly in November to 48.4 points compared to 47.9 points in October, the index's sixth rise in 2023, according to data released by the American credit rating agency S&P Global Ratings on Tuesday.
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Business
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Markets & Companies
12/4/2023 3:37:35 PM
The Egyptian Exchange (EGX) rebounded on Monday after the mixed performance yesterday. The main index gained around 700 points.
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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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Economy
11/30/2023 2:08:17 PM
Uncertainty hovered over what major oil-producing nations -- collectively known as OPEC+ -- will decide on output policy as they headed into virtual meetings Thursday in a bid to halt a continuous slump in prices.
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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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Al-Ahram Weekly
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Egypt
11/28/2023 9:30:53 PM
While the price of sugar has been rising, government controls are ensuring its availability to consumers, writes Amira Hisham
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