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Egypt
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Society
2/19/2024 3:48:47 PM
Egypt has initiated its annual Welcome Ramadan (Ahlan Ramadan in Arabic) fairs to address the crisis of soaring prices, with Minister of Supply and Internal Trade Ali Moselhi encountering obstacles during the opening of the initial outlet on Saturday in Qalyubia governorate, due to overwhelming crowds and escalating tensions.
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Egypt
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Society
2/16/2024 7:21:58 PM
Egypt’s largest tobacco producer Eastern Company will increase cigarette prices by EGP 2-8 starting Saturday, Ahram Arabic news gate reported on Friday.
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Al-Ahram Weekly
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Egypt
2/16/2024 11:55:00 AM
Many people have resorted to storing goods in the face of continuous price hikes, making a difficult situation more challenging.
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Al-Ahram Weekly
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Features
2/13/2024 8:09:05 PM
Rising prices are steering investors towards gold as a safe haven and away from its traditional use in jewellery.
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Al-Ahram Weekly
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Economy
2/12/2024 10:33:00 AM
People across the country were stunned by the sharp hikes in food prices last week.
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Al-Ahram Weekly
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Economy
2/12/2024 10:33:00 AM
The second hike in cooking oil prices has taken place in less than a month, this time by at least 50 per cent, reports Amira Hisham
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Egypt
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Society
2/11/2024 8:52:00 PM
Philip Morris Egypt announced on Sunday the new price list for all its tobacco products, including "HEETS" and "TEREA" heated tobacco sticks, as well as traditional cigarettes under the Marlboro, Merit, and L&M brands, in their various types.
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Al-Ahram Weekly
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Economy
2/7/2024 7:22:05 PM
Why has food inflation in Egypt continued to rise despite global trends towards lower prices?
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Egypt
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Society
2/6/2024 6:46:02 PM
Dollar exchange rate and Red Sea tensions are among key reasons behind the significant surge in coffee prices that Egypt has been recently witnessing, Hassan Fawzy, head of the Coffee Division at Cairo Chamber of Commerce, said on Tuesday.
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Sports
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World
2/5/2024 6:33:02 PM
Real Madrid coach Carlo Ancelotti didn’t feel the need to sign a defender in January despite a wave of injuries to his back line.
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Business
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Economy
2/5/2024 3:57:42 PM
As passenger vehicle prices have more than tripled in Egypt over the past two years, the Automotive Marketing Information Council (AMIC) reported that car sales have nearly halved in 2023 compared to 2022.
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Business
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Economy
2/5/2024 3:17:27 PM
The OECD raised its 2024 world economic growth forecast Monday but warned that the Middle East conflict posed a risk, with disruptions in Red Sea shipping threatening to increase consumer prices.
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Sports
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World
2/2/2024 10:58:27 AM
FIFA wants to open debate on setting soccer transfer fees by algorithm instead of the historic way of two clubs negotiating a market value price for contracted players.
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Business
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Economy
2/1/2024 10:48:01 PM
Benchmark U.S. crude oil for March delivery fell $2.03 to $73.82 per barrel Thursday. Brent crude for April delivery fell $1.85 to $78.70 per barrel.
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Business
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Markets & Companies
2/1/2024 4:07:48 PM
The Egyptian Exchange (EGX) concluded Thursday's session on a positive note, with the EGX100 index surpassing 9,300 points. Simultaneously, the gold pound coin reached a new high value of EGP 31,000.
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Business
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Markets & Companies
1/30/2024 10:50:19 PM
Benchmark US crude oil for March delivery rose $1.04 to $77.82 per barrel Tuesday. Brent crude for March delivery rose 47 cents to $82.87 per barrel.
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Business
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Markets & Companies
1/30/2024 3:33:41 PM
The Egyptian Exchange (EGX) closed in the green on Tuesday, with the EGX30 index surpassing 30,000 points. Meanwhile, gold prices remained relatively steady.
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Business
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Markets & Companies
1/29/2024 11:35:52 PM
Benchmark US crude oil for March delivery fell $1.23 to $76.78 per barrel Monday. Brent crude for March delivery fell $1.15 to $82.40 per barrel.
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Business
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Economy
1/28/2024 5:15:47 PM
Egypt's recent gold market crisis could be attributed to a significant disparity between supply and demand, fueled by an overwhelming demand for profit, said Ihab Wassef, head of the Gold and Precious Ores Division at the Federation of Egyptian Industries.
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Business
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Markets & Companies
1/28/2024 3:18:07 PM
Egypt’s giant telecom operator Telecom Egypt has raised the monthly prices of prepaid landlines by up to EGP 5.
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