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Al-Ahram Weekly
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Economy
8/27/2024 11:10:37 PM
The government is adopting a four-year plan to slash subsidies on electricity, reports Ahmed Morsy
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Business
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Markets & Companies
8/27/2024 10:08:13 PM
Stock markets were little changed Tuesday as investors awaited clues on how much interest rates might be cut next month and the latest results from tech heavyweight Nvidia.
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Business
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Economy
8/26/2024 7:18:50 PM
Oil prices jumped Monday after an escalation of hostilities between Israel and the Iranian-backed Lebanese militant group Hezbollah raised fears of a wider conflict in the Middle East.
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Business
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Economy
8/25/2024 8:17:16 PM
Egypt's automotive market is facing mounting pressure from rising prices and dwindling supply. The US dollar's surge against the Egyptian pound, coupled with a shortage of imported vehicles, has fueled the re-emergence of the "over-price" imposed on first-hand vehicles.
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Arts & Culture
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Stage & Street
8/18/2024 2:26:23 PM
Priceless artworks housed in London's Somerset House, including paintings by Van Gogh and Monet, were unaffected by a fire that erupted at the historic building on Saturday, according to the gallery.
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Al-Ahram Weekly
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Economy
8/13/2024 9:56:55 PM
Safeya Mounir reports on market sectors that could be affected by the recent rise in fuel prices
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Business
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Markets & Companies
8/13/2024 5:52:14 PM
Wall Street stocks advanced Tuesday as US producer inflation came in cooler than anticipated but signaled price increases are still easing gradually as hoped, putting the central bank on track for rate cuts.
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Business
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Economy
8/11/2024 9:14:09 PM
Eighty to 100 pharmaceutical companies applied to the Egyptian Drugs Authority (EDA) to increase the price of medicines by an average of 25-30 percent, the Head of the Pharmaceuticals Division at the Federation of Chambers of Commerce Ali Ouf told Ahram Online.
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Sports
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Egyptian Football
8/10/2024 3:09:40 PM
Egyptian champions Ahly revealed that they received an offer from French club Nice to sign their in-form central defender Mohamed Abdelmonem, stressing that they will let the player go only with an appropriate price.
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World
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Region
8/7/2024 7:28:41 PM
Batoul and her family have been scrambling to secure housing outside Beirut's southern suburbs where an Israeli strike killed a senior Hezbollah commander last week, but spiking demand has sent prices soaring.
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Business
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Markets & Companies
8/7/2024 9:11:18 AM
Benchmark US crude oil for September delivery rose 26 cents to $73.20 per barrel Tuesday. Brent crude for October delivery rose 18 cents to $76.48 per barrel.
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Egypt
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Urban & Transport
8/1/2024 4:25:31 PM
Egypt’s Ministry of Transport raised ticket prices for the three-line Cairo metro by 25-33 percent and some trains effective Thursday.
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Al-Ahram Weekly
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Economy
7/30/2024 10:04:45 PM
Recent fertiliser shortages could have adverse effects on agricultural production and prices, reports Ahmed Abdel-Hafez
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Al-Ahram Weekly
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Economy
7/30/2024 9:59:19 PM
More hikes in the price of fuel are likely to come after the recent increase in prices, reports Sherine Abdel-Razek
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Business
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Economy
7/29/2024 5:58:00 PM
Potatoes are one of Egypt's strategic crops and a staple that Egyptians rely on, especially with the inflationary wave the country is experiencing and the low purchasing power resulting from local currency devaluation for the fourth time.
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Business
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Economy
7/25/2024 8:18:46 PM
The Ministry of Petroleum and Mineral Resources announced on Thursday the second fuel price increase for 2024, with increases ranging between 10 percent and 15 percent.
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Egypt
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Urban & Transport
7/25/2024 4:45:39 PM
Fares on public transportation in most of Egypt’s governorates increased by 10-15 percent as of Thursday on the back of gasoline and diesel price hikes, according to media reports.
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Business
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Economy
7/25/2024 4:02:25 PM
Ministry of Petroleum and Mineral Resources announced on Thursday increasing the fuel prices for the second time in 2024, with the rises ranging from 10 to 15 percent, starting Thursday.
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Egypt
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Politics
7/24/2024 9:57:59 PM
Prime Minister Mostafa Madbouly underscored in a press conference held at New Alamein City the gradual increase in petroleum products pricing and managing inflation rates to ease the burden on citizens, aiming to reach a break-even point for fuel subsidies by December 2025.
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Business
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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.
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