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Business
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Markets & Companies
12/12/2023 10:39:27 PM
Benchmark US crude oil for January delivery fell $2.71 to $68.61 per barrel Tuesday. Brent crude for February delivery fell $2.79 to $73.24 per barrel.
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Business
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Economy
12/12/2023 4:39:19 PM
Egypt’s strategic sugar reserves can cover local consumption needs for nearly 7.8 months, Minister of Supply and Internal Trade Ali Moselhi revealed in a press conference on Tuesday.
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Business
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Markets & Companies
12/12/2023 4:10:03 PM
The Egyptian Exchange (EGX) indices achieved mixed performance on Tuesday after ending in the red territory for two consecutive sessions, while gold prices slightly increased.
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Business
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Markets & Companies
12/11/2023 10:45:02 PM
Benchmark US crude oil for January delivery rose 9 cents to $71.32 per barrel Monday. Brent crude for February delivery rose 19 cents to $76.03 per barrel.
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Egypt
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Society
12/11/2023 9:19:07 PM
Egypt's Prime Minister Mostafa Madbouly extended a ban on onion exports until 30 March 2024, during a Monday meeting with relevant ministers on efforts to control commodity prices.
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Business
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Economy
12/11/2023 6:51:37 PM
Egypt's Prime Minister Mostafa Madbouly has called for regular reports on sugar prices in markets, following the Ministry of Supply's distribution of thousands of tons of sugar across various governorates, according to a statement on Monday.
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Business
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Markets & Companies
12/11/2023 3:30:57 PM
The Egyptian Exchange (EGX) indices ended all in red for the second consecutive session on Monday and the market cap lost EGP 12 billion. Gold prices suffered a marginal decline.
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Business
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Tech
12/10/2023 5:43:20 PM
Dahab Masr has signed a cooperation protocol with GuRow, a financial technology application, to develop the gold market through artificial intelligence (AI) techniques and accurate data analysis, according to a recent statement by Dahab Masr.
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Business
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Markets & Companies
12/10/2023 3:35:08 PM
The Egyptian Exchange (EGX) indices plunged on Sunday and the market cap lost EGP 36 billion. On the other hand, gold prices inched higher and the purchase price of gold coin pound rose EGP 120.
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Business
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Economy
12/10/2023 1:03:15 PM
Egypt’s annual headline inflation decelerated to 36.4 percent in November, down from 38.5 percent a month prior, according to the data released by the Central Agency for Public Mobilization and Statistics (CAPMAS) on Sunday.
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Business
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Economy
12/7/2023 10:13:34 PM
Amidst great scarcity and inflated prices of sugar in many areas across Cairo, Fathy Mohamed, a 31-year-old Egyptian, wanders the capital as he struggles to bring a couple of kilos of sugar back to his family.
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Business
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Markets & Companies
12/7/2023 4:34:50 PM
The Egyptian Exchange (EGX) indices ended all in the red for the second day in a row on Thursday. Gold prices rose slightly and the value of the golden pound coin gained by EGP 40.
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Business
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Markets & Companies
12/6/2023 5:18:27 PM
Global physically backed gold exchange-traded funds (ETFs) declined by $920 million, or nine tons, month-on-month, in November, to 3,236 tons, despite the latest gains in gold prices, according to a report by the World Gold Council, (WGC).
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Business
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Markets & Companies
12/6/2023 3:23:51 PM
The Egyptian Exchange (EGX) indices ended all in the red on Wednesday and the main index EGX30 lost more than 400 points.
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Business
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Markets & Companies
12/5/2023 11:55:06 PM
Benchmark US crude oil for January delivery fell 72 cents to $72.32 per barrel Tuesday. Brent crude for February delivery fell 83 cents to $77.20 per barrel.
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Al-Ahram Weekly
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Egypt
12/5/2023 9:33:13 PM
More and more people will soon be able to buy bread from state bakeries at subsidised prices, reports Amira Hisham
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Al-Ahram Weekly
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Features
12/5/2023 8:54:54 PM
The Ministry of Agriculture is developing new strains of rice that can save water and have higher yields as a solution to shortages and increasing prices in the marketplace, writes Mai Samih
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Business
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Economy
12/5/2023 8:23:06 PM
Gold prices experienced a slight decline on Tuesday, trading $100 below the previous session's record high, as investors are eagerly awaiting upcoming US economic data, which could potentially impact the Federal Reserve's rate outlook.
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Business
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Markets & Companies
12/5/2023 4:18:15 PM
The Egyptian Exchange (EGX) indices had mixed performance on Tuesday and the market cap lost EGP 6 billion.
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Business
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Economy
12/5/2023 1:14:17 PM
Egypt’s Purchasing Managers Index (PMI) for the non-oil private sector rose slightly in November to 48.4 points compared to 47.9 points in October, the index's sixth rise in 2023, according to data released by the American credit rating agency S&P Global Ratings on Tuesday.
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