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Business
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Markets & Companies
9/12/2023 3:37:13 PM
The Egyptian Exchange (EGX) continued on its declining trajectory for the second consecutive session on Tuesday due to a correction wave expected last week. Gold inched higher but remained within its range in August.
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Business
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Markets & Companies
9/11/2023 11:38:10 PM
Benchmark US crude oil for October delivery fell 22 cents to $87.29 a barrel Monday. Brent crude for November delivery fell 1 cent to $90.64 a barrel.
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Business
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Markets & Companies
9/7/2023 9:51:24 PM
The Egyptian Exchange (EGX) indices reached unprecedented heights over the week ending on 7 September, supported by the recent announcement of the privatization of state assets.
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Business
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Markets & Companies
9/7/2023 5:17:37 PM
The Egyptian Exchange (EGX) indices and the gold market ended the week with a positive performance, with the bourse's main index setting a new record at over 19,370 points.
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Business
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Markets & Companies
9/6/2023 4:45:23 PM
The Egyptian Exchange's (EGX) main index is still breaking records on a daily basis.
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Business
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Markets & Companies
9/6/2023 9:34:24 AM
Benchmark US crude oil for October delivery rose $1.14 to $86.69 a barrel Tuesday. Brent crude for November delivery rose $1.04 to $90.04 a barrel.
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Business
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Markets & Companies
9/5/2023 4:16:38 PM
The Egyptian Exchange (EGX) indices continued their increasing trajectory on Tuesday.
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World
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Region
9/3/2023 6:25:43 PM
Much of the world takes daily weather forecasts for granted. But most of Africa's 1.3 billion people live with little advance knowledge of what’s to come. That can be both deadly and expensive, with damage running in the billions of dollars.
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Egypt
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Society
8/31/2023 2:28:43 PM
The Egyptian government will require foreigners applying for residency to pay fees in hard currency, according to a Cabinet statement on Thursday.
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Business
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Markets & Companies
8/29/2023 10:51:01 PM
Benchmark US crude oil for October delivery rose $1.06 to $81.16 a barrel Tuesday.
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Egypt
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Foreign Affairs
8/29/2023 3:52:00 PM
Zambia’s Drug Enforcement Commission (DEC) charged five Egyptian nationals and six Zambians with "espionage" on Monday in connection with the incident of seizing a private jet - reportedly laden with gold and dollars - in Keneth Kaunda International Airport in Lusaka two weeks ago.
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Business
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Markets & Companies
8/28/2023 10:48:48 PM
Benchmark US crude oil for October delivery rose 27 cents to $80.10 a barrel Monday. Brent crude for October delivery fell 6 cents to $84.42 a barrel.
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Business
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Economy
8/27/2023 6:03:25 PM
The Egyptian Exchange started the week with a record high as the new chairman started his term. The benchmark index EGX30 reached its all-time high at 18,516.59 points. On the other hand, gold prices declined.
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Al-Ahram Weekly
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Egypt
8/24/2023 7:30:00 PM
Despite adopting various unconventional means to attract dollar funds, these may be insufficient to cover Egypt’s needs for hard currency.
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Business
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Economy
8/24/2023 6:45:39 PM
The Egyptian Exchange indices ended all in the green territory at the final session of the week, with the benchmark breaking the 18,200-point threshold. Gold prices inched higher.
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Business
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Economy
8/23/2023 7:27:59 PM
The 15th summit of the BRICS (Brazil, Russia, India, China, and South Africa) is currently deliberating on applications from five countries seeking to join the bloc: Egypt, Saudi Arabia, the UAE, Algeria, and Bahrain.
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Al-Ahram Weekly
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Economy
8/23/2023 12:27:00 PM
A recent surge in the cost of non-school guide books — which include simplified explanations of the curriculum in addition to exercises and which are published by private publishing houses — has shocked millions of families with children of school age.
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Business
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Markets & Companies
8/22/2023 10:45:28 PM
Benchmark US crude oil for September delivery fell 37 cents to $80.35 a barrel Tuesday. Brent crude for October delivery fell 43 cents to $84.03 a barrel.
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Business
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Markets & Companies
8/22/2023 4:42:23 PM
Tuesday saw increases in the gold and stock markets in Egypt. The benchmark index on the Egyptian Exchange surpassed 18,200 points, setting a new record. The cost of one gram of 24-karat gold increased by EGP 40.
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Business
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Markets & Companies
8/21/2023 10:44:20 PM
Benchmark US crude oil for September delivery fell 53 cents to $80.72 a barrel Monday.
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