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Egypt
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Urban & Transport
1/1/2024 12:33:15 PM
Egypt’s Ministry of Transport raised ticket prices for the three-line Cairo Metro by 1-2 pounds on Monday while introducing a new ticket pricing scheme for passengers travelling more than 23 stops.
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Business
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Markets & Companies
12/31/2023 3:50:53 PM
The Egyptian Exchange (EGX), started the week on a positive note, with all indices closing in the green. Simultaneously, gold prices witnessed an upward trend, with the price of 24-carat gold peaking at EGP 3,617 per gram.
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Business
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Markets & Companies
12/27/2023 4:50:10 PM
Gold prices are still rising as the market faces a state of instability and confusion. The price of the gold pound coin exceeded EGP 26,160, which is almost thousands of pounds more than its historic highs.
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Business
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Markets & Companies
12/26/2023 11:50:34 PM
Benchmark US crude oil for February delivery rose $2.01 to $75.57 per barrel Tuesay. Brent crude for February delivery rose $2 to $81.07 per barrel.
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Business
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Markets & Companies
12/26/2023 3:32:46 PM
The Egyptian Exchange (EGX) indices shrugged off some of their gains on Tuesday. However, gold prices are making history, as the gold pound coin gained more than EGP 1,000 in one day, reaching a record level of EGP 26,080.
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Business
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Economy
12/26/2023 2:59:01 PM
Gold prices in Egypt surged by around 17 percent in a month and the gold pound coin reached an unprecedented level at more than EGP 26,000, reflecting a global increase in gold prices and rising demand by Egyptians seeking to save the value of their financial resources.
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Business
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Markets & Companies
12/25/2023 4:02:07 PM
The Egyptian Exchange (EGX) indices rebounded on Monday after starting the week in the red territory, while gold prices continued to rise breaking new levels.
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War on Gaza
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War on Gaza
12/24/2023 5:31:09 PM
Israeli Prime Minister Benjamin Netanyahu said Sunday that the Gaza war was exacting a "very heavy price" as the toll of soldiers killed in fighting with the Palestinian resistance mounted.
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Business
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Economy
12/24/2023 5:27:46 PM
Egypt’s rice production can cover local consumption needs for nine months, Ragab Shehata, head of the Rice Division at the Federation of Egyptian Chambers of Commerce, said on Saturday.
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Business
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Economy
12/24/2023 3:36:03 PM
The Egyptian Exchange (EGX) indices tumbled at the first session of the week and the market cap lost EGP 18 billion.
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Sports
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World
12/22/2023 3:55:30 PM
Liverpool supporters' group Spirit of Shankly said it has "no argument" with Jurgen Klopp's criticism of Anfield's atmosphere but warned that younger fans are being priced out of the game.
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Business
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Economy
12/21/2023 10:23:57 PM
Benchmark U.S. crude oil for February delivery fell 33 cents to $73.89 per barrel Thursday. Brent crude for February delivery fell 31 cents to $79.39 per barrel.
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Al-Ahram Weekly
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World
12/21/2023 12:58:00 PM
The Israeli-Palestinian conflict will not only harm the economies of these two countries. Many countries outside the conflict zone could also pay a heavy price as a result of the war.
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Business
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Economy
12/20/2023 4:53:36 PM
Egypt's General Authority for Supply Commodities (GASC) has imported 50,000 tons of raw sugar to be delivered in February 2024 amid an alarming price increase in the local market, according to a Cabinet statement on Wednesday.
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Business
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Economy
12/20/2023 4:24:11 PM
Dahab Masr projects that the price of 21-carat gold in Egypt will cross EGP 3,000 before mid-2024, as indicated in a technical analysis report released by the company on Wednesday.
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Business
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Markets & Companies
12/20/2023 3:57:18 PM
The Egyptian Exchange (EGX) ended Wednesday in the red, marking the second loss in a row. Gold, on the other hand, soared with the price of the 24-carat gram approaching a new peak of EGP 3,400.
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Business
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Economy
12/20/2023 1:52:10 PM
The attack against ships in the Red Sea and speculation regarding potential interest rate cuts by the Federal Reserve pushed oil prices higher after reaching the lowest level in six months, according to Kamco Invest’s Oil Market Monthly Report released on Wednesday.
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Al-Ahram Weekly
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Economy
12/19/2023 5:56:24 PM
A year of trials and errors and then the war on Gaza. Niveen Wahish reports on the way international events have impacted the Egyptian economy
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Business
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Markets & Companies
12/19/2023 3:23:37 PM
The Egyptian Exchange ended in the red territory on Tuesday after two green sessions in a row. On the other hand, gold prices jumped.
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Business
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Markets & Companies
12/18/2023 11:39:11 PM
Benchmark US crude oil for January delivery rose $1.04 to $72.47 per barrel Monday. Brent crude for February delivery rose $1.40 to $77.95 per barrel.
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