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Business
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Economy
10/9/2023 10:04:48 AM
Oil prices rallied while the dollar and yen advanced Monday as Israeli forces bombarded Gaza after Hamas launched a shock attack on Israel at the weekend, sparking fresh concerns about tensions in the Middle East.
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Business
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Economy
10/8/2023 7:01:39 PM
Fitch Solutions expected that the Egyptian pound will be devaluated by 18.6 percent to reach around EGP38 against the US dollar by the end of the current year 2023.
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Business
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Markets & Companies
10/4/2023 10:49:42 PM
Benchmark US crude oil for November delivery fell $5.01 to $84.22 a barrel Wednesday. Brent crude for December delivery fell $5.11 to $85.81 a barrel.
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Business
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Economy
10/4/2023 9:35:25 PM
A consortium led by the General Authority of the Suez Canal Economic Zone (SCZone) has signed a framework agreement with C2X, the green energy arm of Danish logistics titan Maersk, to build a massive green fuel production facility for ships bunkering services to aid Egypt’s decarbonisation efforts.
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Business
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Markets & Companies
10/4/2023 5:46:36 PM
The Egyptian Exchange (EGX) rebounded on Wednesday after two sessions of declines. The benchmark index inched closer to return to its peak levels. Gold remains within its limits with no considerable change.
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Business
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Markets & Companies
10/2/2023 11:11:27 PM
Benchmark US crude oil for November delivery fell $1.97 to $88.82 a barrel Monday. Brent crude for December delivery fell $1.49 to $90.71 a barrel.
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World
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International
10/1/2023 2:13:46 PM
Indonesia is set to launch Southeast Asia's first high-speed railway on Monday, a delayed multibillion-dollar project backed by China that will cut travel between capital Jakarta and another major city by hours.
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Business
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Economy
9/28/2023 9:49:45 AM
US oil prices closed at their highest level in more than a year late Wednesday on a mixed day for global equities as the dollar continued its upward climb.
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Business
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Markets & Companies
9/27/2023 11:14:43 PM
Benchmark US crude oil for November delivery rose $3.29 to $93.68 a barrel Wednesday. Brent crude for November delivery rose $2.59 to $96.55 a barrel.
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Business
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Markets & Companies
9/27/2023 4:00:42 PM
The Egyptian Exchange (EGX) indices ended in the red on Wednesday, shrugging off some of their gains in the past sessions, especially the main index. Gold prices are relatively the same.
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Business
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Markets & Companies
9/26/2023 10:58:06 PM
Benchmark US crude oil for November delivery rose 71 cents to $90.39 a barrel Tuesday. Brent crude for November delivery rose 67 cents to $93.96 a barrel.
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Business
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Markets & Companies
9/26/2023 3:03:26 PM
The Egyptian Exchange’s (EGX) main index surmounted its historic highs of the past two weeks on Tuesday, despite the decline of the EGX70 and EGX100 indices. Gold prices were maintained at yesterday’s levels.
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Business
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Markets & Companies
9/25/2023 10:38:49 PM
Benchmark US crude oil for November delivery fell 35 cents to $89.68 a barrel Monday. Brent crude for November delivery rose 2 cents to $93.29 a barrel.
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Business
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Markets & Companies
9/25/2023 4:08:40 PM
The Egyptian Exchange’s (EGX) main index broke all of its historic records on Monday above 20,300 points.
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Business
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Markets & Companies
9/24/2023 3:22:48 PM
The Egyptian Exchange (EGX) started the week with a positive performance and the main index jumped to a new height. Gold prices went down.
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Business
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Economy
9/22/2023 1:21:46 PM
Total investments in Egypt’s new cities have reached EGP 705 billion ($22.82 billion), according to Walid Abbas, Deputy Chairman of the New Urban Communities Authority (NUCA).
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World
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War in Ukraine
9/21/2023 9:53:34 PM
Ukrainian President Volodmyr won a promise of "significant" new air defense weapons from the White House Thursday but he warned Kyiv could lose the war with Russia if Republican lawmakers cut the flow of billions of dollars in US military aid.
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Business
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Markets & Companies
9/20/2023 10:58:00 PM
Benchmark US crude oil for October delivery fell 92 cents to $90.28 a barrel Wednesday. Brent crude for November delivery fell 81 cents to $93.53 a barrel.
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Business
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Markets & Companies
9/20/2023 3:45:29 PM
The Egyptian Exchange (EGX) indices ended lower on Wednesday, after reaching historic heights on the previous session.
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Business
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Markets & Companies
9/19/2023 10:43:50 PM
Benchmark US crude oil for October delivery fell 28 cents to $91.20 a barrel Tuesday. Brent crude for November delivery fell 9 cents to $94.34 a barrel.
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