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Business
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Economy
10/3/2024 10:29:48 PM
Oil prices jumped and major stock markets mostly retreated Thursday as investors reacted to fears of widening conflict in the Middle East.
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Business
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Markets & Companies
10/2/2024 5:33:52 PM
Stock markets wavered while oil prices extended a rally Wednesday as Iran's missile attack on Israel fanned fears of a Middle East-wide conflict.
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Egypt
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Society
10/2/2024 5:26:45 PM
The Egyptian cabinet approved on Wednesday to increase the reference local wheat procurement price by 10 percent from EGP2,000 to up to EGP2,200 per ardeb (150 kg) for the new harvest season (2024-2025).
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Arts & Culture
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Visual Art
9/29/2024 4:41:18 PM
A Vincent van Gogh painting displaying the artist's shift from dark realism to vibrant impressionism sold for US$32.2 million at a Hong Kong auction on Thursday, falling short of expectations that it would fetch a record-breaking price.
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Al-Ahram Weekly
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Economy
9/28/2024 10:15:00 AM
As part of efforts to rationalise fuel subsidies, the government hiked the prices of butane gas cylinders last week
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Business
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Markets & Companies
9/25/2024 5:46:08 PM
Stock markets diverged and oil prices fell on Wednesday as China's latest measure to bolster its economy, the world's second-largest, failed to spark another global rally.
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Business
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Economy
9/24/2024 8:37:31 PM
The Gold market in Egypt has undergone major changes over the past few days after international gold prices surpassed $2,600 per ounce, which is mainly attributed to the U.S. Federal Reserve's decision to cut interest rates by 50 basis points last Wednesday.
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World
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Africa
9/22/2024 3:42:30 PM
In a small fashion store in Ethiopia's capital, Medanit Woldegebriel's dresses have almost doubled in price in the past two months, sending customers fleeing.
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Business
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Economy
9/18/2024 2:32:22 PM
Tomatoes price spikes crisis will ease by November, Head of Farmers Union Hussein Abu Saddam told Ahram Online.
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Al-Ahram Weekly
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Egypt
9/18/2024 1:44:00 PM
As Egypt seeks to import more wheat to safeguard its strategic reserves, experts explain the economic forces governing the grain trade.
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Business
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Energy
9/18/2024 1:28:23 PM
The Ministry of Petroleum and Mineral Resources has raised the prices of butane gas cylinders for domestic and commercial uses to EGP 150 and EGP 200, up from EGP 100 and EGP 150, a 33-50 percent increase, respectively, according to the decision published in the Egyptian Gazette.
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Business
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Economy
9/17/2024 12:29:59 PM
Poultry prices marked a 14.9 percent increase since the start of September with the pasture chickens’ prices going up from EGP 67-68 to EGP 77-78 per kilo, according to the poultry bourse.
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Business
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Economy
9/14/2024 9:06:52 PM
Egyptian families are grappling - as usual - with high prices of school supplies in the local market as a new academic year nears.
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World
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War in Sudan
9/13/2024 3:33:40 PM
Sudan's priceless archaeological heritage is being stripped from museums, with looters loading statuettes and fragments of ancient palaces onto lorries, smuggling them out of the war-torn country, and selling them online.
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Business
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Economy
9/11/2024 1:09:58 PM
Inflation in the United States may have hit a three-year low in August, underscoring that the rate of price increases is falling back to pre-pandemic levels and clearing the way for the Federal Reserve to start cutting its key interest rate next week.
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Business
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Markets & Companies
9/10/2024 10:30:34 PM
Oil's main international benchmark fell below $70 per barrel for the first time since the end of 2021 amid mounting concerns about slowing global growth.
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Business
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Energy
9/5/2024 8:17:12 PM
Eight members of the OPEC+ group of oil-producing nations agreed Thursday to extend their voluntary supply cuts until the end of November, postponing a planned output increase amid falling crude prices.
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World
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Africa
9/4/2024 7:08:03 PM
After sleeping overnight in a line of cars waiting for fuel, Nigerian taxi driver Oluwashina Ilesanmi had to calculate how much a sudden petrol price increase cut into his earnings.
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Business
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Economy
9/4/2024 11:47:09 AM
Property prices in Egypt have surged in 2024 with no signs of slowing down — a puzzling trend amid intense economic conditions that make homes increasingly unaffordable.
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Al-Ahram Weekly
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Egypt
9/3/2024 10:33:09 PM
The race to buy supplies for the new school year has begun, with rising prices perturbing many parents, reports Amira Hisham
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